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    New options trader needs help.

    These are just some of the more common patterns I use (pin bars) I take them in the direction of the long term trend when volume is at its highest because I think moves started at those times generally carry more weight. . I use EMA's and SMA's to spot MACD and draw lines across key areas of...
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    New options trader needs help.

    Ill post a couple of examples of price action set ups that I use to find opportunities to enter turning points with decent probabilities. Short example.
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    New options trader needs help.

    Thanks John I will follow your advice closely. Ive noticed how stops aren't particularly safe with options now, and I have traded using a donchian trend following method before so I have become used to using time to determine TP without stops before. What are your thoughts on this...
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    New options trader needs help.

    Thanks spindr ive set up an account and will use it to become more familiar with options. It does however say that there are some significant differences between the demo and real options trading. Any experienced traders here that have used that demo platform and can say what those...
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    New options trader needs help.

    Are there live contests with options on demo or real that I can look at?
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    New options trader needs help.

    Thanks for taking the time Mark Firstly I thought you can pre determine your risk with a stop loss on some options abd aim for a significantly larger reward than what you risked is that right? If i can shoot for 4 times more reward than risk for instance then with some knowledge of...
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    New options trader needs help.

    These are elements I have been thinking about a lot with forex although obviously its more important with options. I suppose another question of mine though is are options better when you do know about them than other methods of investment. I thought that people find more success in...
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    New options trader needs help.

    I had been wanting to learn more about options for a while as I noticed how it can give advantages in real estate, work and many other areas of business To be honest most of my motivation is probably coming from the greed of wanting to earn a lot of money, to have a better standard of...
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    New options trader needs help.

    Thanks Carl
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    New options trader needs help.

    Thanks for all the great advice guys Im glad I found this forum. Ive just been reading options demystified by thomas mccafferty. Seemed to be a good choice as there are questions at the end of each section. What other good options books are there?
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    New options trader needs help.

    Are you allowed to tell me which broker you use? Im not sure about the rules on the forum so just ignore the question if not.
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    New options trader needs help.

    Thanks, what books can you recommend? Ive been profitable in equities and blown a micro FX account (100$) due to over leveraging. So i'm not completely oblivious of trading and the risk of cleaning out my own account. Ive just been reading this...
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    New options trader needs help.

    Don't know who that's aimed at, I haven't traded options yet hence the title 'new options trader'
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    New options trader needs help.

    Thanks for clearing it up for me I just don't know enough about options yet. So I would want to buy puts instead. What kind of leverage can I get with options? From what I have read so far it seems that around 26% of options traders are profitable and I expect that a lot of the...
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    New options trader needs help.

    I have traded equities for more than three years and forex for around 9 months. I understand that with options you can write an uncovered put so that you have the right to short a stock without owning it. I expect another wave downwards with the banks in the next few weeks, Would writing...
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