options trading basal

 

Do I need a lot of money to trade?
With options trading, you need to have a minimum of $10,000 in your investment trading account. The case is different for SEC will require a trader to have a minimum of $25,000 in the trading account. More so, we encourage all our customers to first engage in a 90 day real time paper trading, so that they can get the basic tricks of trading.

What returns should I expect with options trading?
Well, this is quite dependent on a person. It is dependent on the amount of risk that you are willing to take. If you follow our rules and system to the latter, then a day trader will make 10-20% single or two day returns. The percentage is much higher for long time traders.

How do I know which subscription services is right for me?
For a beginner, it is great if you can start with level two, which has a lower risk level. You can always go to a higher level once you get to understand trading well. The good news is that we also offer advanced mentoring services, but it is only available by wait list only.

How much time do I need to be great at stock day trading system?
First of all, you need to do away with the mind of using signals. You need to study hard and it is only by doing so that you will become a great trader. You need to take the 90 day real time paper trading, and a conclusive 6 months to be able to trade index options. This is actually an answer that many people may not like, but unfortunately it is what separates traders from wannabes.

Do I have to trade all day?
Most successful traders spend most of their time online trading. This therefore means that you have to have reliable internet at all times if you want to make any great progress. Otherwise, the decision to be online will depend on you.

Are there risks that come with trading OEX Options?
Yes, OEX trading is a risky venture, which requires one to be properly trained and have a clear market understanding. Without the knowledge you can easily lose your money and even go into debt. You need to know that options are speculative and it is a learned skill that can be quite successful if you do it right.