Option Trading Article of the Week
Option Trading - Option Trading Basics - Build Your Knowledge Base!
Posted by Pete Stolcers on November 11
In today's option trading blog I will address some important concepts for the novice option trader. Options trading gets so much press these days that it's hard for traders to determine where to go and who to trust. I believe there is a natural progression to the whole process and it can't be rushed. Options are not a get rich scheme that you can jump into. Do people make a lot of money trading options? Yes, they also lose a lot of money. The risk and reward is elevated and every mistake is magnified. Here are some points to consider…Read the rest of Option Trading - Option Trading Basics - Build Your Knowledge Base!
Stock Options Question of the Week
How Can I Get An Entry Level Position Where I Can Learn How To Trade?
Posted by Pete Stolcers on November 11
Question I was wondering if you could give me some advice on how to get an entry-level position trading options. I would like to learn the job from a professional. I currently trade on my own and have a basic understanding of equity options and some more advanced strategies from reading various trade journals. Where might one apply for a position like this? I have a B.S. degree in accounting. I'm not an "Ivy Leaguer" and I'm having trouble getting into a training program at the institutional level. I have a strong desire to make this my profession. I live in the Northeast but would be willing to move. Any ideas would be greatly appreciated.
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