New need tips!

if you want to learn options to learn options go for it, don't learn em just cuz you think you can make a lot of money.

You should read up all that you can about options and what they are and then start asking more specific questions.

optionetics has some good basic info on the site as well as in the forums, just don't buy their seminars, anything you need to learn can be learned for free. Is that proper english? :) Another user mentioned investopedia. Then just google stock options and read various sites/blogs/etc. Just dont spend money to sign up for a newsletter promising 3000% returns...don't spend any money period, learn for free.

Anyway, go to the library or borders and do some reading as well. Options are very complex to someone just starting out and there is a lot to learn.
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.

1. is this true?

2. Explain how to trade options successfully please and thank you.
More...

The ONLY option you have is to buy QQQQ options that expire within days, such as the weekly options. ATM's go for about $.30, these double very easily. Take a look at the results below after only 5 trades.

start ...... $3,000
1st ........ $6,000
2nd ....... $12,000
3rd ........$24,000
4th ....... $48,000
5th ...... $96,000
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.
More...

If that 3K is important to you, the last thing you want to do is open an options position. ESPECIALLY if you are new to the game.

Anything that can make money, can lose money. And the odds of loss in the options market are very high.
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.

1. is this true?

2. Explain how to trade options successfully please and thank you.
More...

Proper starting Capital for someone who wants to begin earning income with options is 60K to start.
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.

1. is this true?

2. Explain how to trade options successfully please and thank you.
More...
the options is there is no options, Just make trade when you think you are right LOL
 
Quote from KINGOFSHORTS:

Proper starting Capital for someone who wants to begin earning income with options is 60K to start.
More...
if they have little than 60k what should they do ?
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.

1. is this true?

2. Explain how to trade options successfully please and thank you.
More...

Hey Dummy, you're about to get raped. Just some friendly advice.
 
Quote from KINGOFSHORTS:

Proper starting Capital for someone who wants to begin earning income with options is 60K to start.
More...

I disagree take your 3k and buy some options, when you blow it out on your first expiration month you have now learned something, lol. Better blowout your measly 3k, than when you have 60k in your account.

"never lose", your naivety will cost you thousands over and over again with the way you are approaching this market. This market is designed to take your money, it is dark pools, plunge protection, fed buyers, discount windows, fraudulent balance sheets, and high frequency computer algorithm. Horse betting is an easier and more fair game than this market. The market will do whatever needs to be done to make the 401ks lose the most money.

That being said a small percentage can still learn to play this game and come out ahead, just don't be silly and think it will be easy or inexpensive while you learn the mistakes we all have to learn.
 
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