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Discussion in 'Options' started by Chala, Feb 27, 2020.

  1. I did them all when I started. If your interested mainly in options trading, then 1,4,10,11,12,13,14,15,17-20. Obviously all the chapters are related to options trading somehow, and I would go through them all, but those are the ones most related to options trading..
     
    #21     Feb 27, 2020
  2. RRY16

    RRY16

    PM B1S2, he might be open to mentoring you on Prudent Risk Management and how to catch a falling Knife in the teeth.
     
    #22     Feb 27, 2020
    Chala likes this.
  3. ironchef

    ironchef

    :banghead: :(
     
    #23     Feb 27, 2020
  4. Options save my portfolio this week. All traders should be in the options some level, but I highly recommend you don't do anything crazy without at least a couple months of paper trading.
     
    #24     Feb 27, 2020
  5. cafeole

    cafeole

    For the absolute beginner, futures trading is WAY better than options.
     
    #25     Feb 27, 2020
  6. Why better?
     
    #26     Feb 27, 2020
  7. Chala

    Chala

    thank you so much, i will reach out!
     
    #27     Feb 27, 2020

  8. Not a chance.

    • You have no choice but to use stops with futures.
    • You end up getting stopped out a lot and then watch as it rebounds without you.
    • Not very much discussion about futures on EliteTrader.

    • You don't need a stop for options - your debit is your stop.
    • Down 50% one day up 150% the next day - and you are in for the ride.
    • Lots of option posts on EliteTrader.
    • Huge choices of options to pick from.
     
    #28     Feb 27, 2020
    ironchef likes this.
  9. lol he’s being sarcastic.
     
    #29     Feb 27, 2020
  10. Chala

    Chala

    oh is he? Nice joke, i can clearly see i came to the right place smh
     
    #30     Feb 27, 2020