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The above referenced book is a good place to start your learning, It will not prepare you to do any trading. After reading the book you could start sim trading and backtesting to formulate a trading plan. You could also look at some books that lay out specific options trading strategies, like...

https://www.tradingschools.org/reviews/warrior-trading/

Welcome to ET. I do not know of anything free in trading.

I wish you all the best. I have 2 step children and they were all I could handle, perhaps more than I could handle at times. Don't let your enormous ego interfere with your trading.

He also has an advisory service for $400.00 per month. Easy cheap way to see his style and results. If you like what you see there you could continue. He states that he relies on his cumulative tick indicator, so whether that continues to work well would determine how successful the trades are...

If you had bought and held the QQQ in 1999(which is when I started trading), you would now be slightly profitable. Not a very good return on that 19 year period. If you are into buy and hold you can probably do a lot worse than watching Buffett. When he was buying in the last downturn the market...

https://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_contract_specifications.html Emini contract size = $50 X S&P 500 index

I would not classify him as a fraud. He does trade and make profits. However that is just window dressing for his real business, which is making money off traders. If you go all in you will spend 5-10 k with him. if he brings in 1000 customers a year, that is 5-10MM. 90% of the effort is sales...

The earlier referenced book is a pretty good tool to learn about trading Iron Condors. There are definite conditions when the trade works best. You can make decent money with the strategy as long as you never take any max losses( by using a stop loss on the trade). It gets way harder as you move...

You get a gold suit and a sign to spin that says "Cash for Gold". Then you stand on a corner to get business. Buy it for half of spot, that is what most pay. Then you can compile it and resell to smelter for 80% of spot. All kinds of folks are doing it.

Budget 10X that amount for a safe and secure place to live.

John Carter can trade options and futures. He does well in spurts, all discretionary. It is hard to absorb any of his methodology. I have not been in his room for like 2 years, but most of it was crap besides him. I have been in the office in TX and seen the operation. He makes 10X on the...

Well you need to model what happens when you get an earnings miss and the stock drops 20-30%. Your back test filters that out but you will encounter it trading forward.

Really would suck for trading around earnings. Hope they reject it.

Holding the SPY is dead money for you. You are not able to execute your strategy of selling puts. The logical move is to sell the SPY shares and go back to your money making strategy. Are emotions holding you back?

You need to study pricing and greeks. Price went your way, delta was working for you. Vega and/or theta were working against you. Reducing one or both of those variables would have helped your trade. You are thinking in an equities mindset, one dimension, price. Options are multidimensional...

Some ideas for your testing: entering 45-60 days til expiration, Use a stop loss between 1-2 times profit target. Profit target 30 - 80% of credit or max profit amount, Time limit on exit, 2 -4 weeks before expiration.