Where to go to learn options???

Discussion in 'Options' started by andytk5, Jan 23, 2011.

  1. sumfuka

    sumfuka

    +1
     
    #21     Jan 26, 2011
  2. Google for any option101 article, then read all the posts under Option section by user atticus + dmo and you should be well on your way. The rest you need to figure out yourself.
     
    #22     Jan 26, 2011
  3. LEAPup

    LEAPup

    Yes, Atticus posts would be good to read. Agreed.
     
    #23     Jan 26, 2011


  4. Can you provide one link to a good post from Atticus? His posts are sort of useless.
     
    #24     Jan 26, 2011
  5. lets put some statistics in front of you.
    what you have to learn is not options. but first.
    where is your edge.
    for each option trade , someone on the other side is holding the bet. now this someone is the HOUSE. big brother.

    now , it is a common known fact. ~90 to 99% of all retail traders loose in the long run.

    so ,tell me where will u fall. YOU are not the house.. or big brother.

    hence what ever you . you wil suffer.. this is too addictive and success seems to be so easy. that you get carried away..
    ---
    best advice is. forget trading. just buy value diversified equities, and hold - Buffet style..
     
    #25     Jan 26, 2011
  6. rew

    rew

    Sure, most people should just buy shares in good, profitable, and preferably dividend paying companies and not bother trying to trade. But this site is called "Elite Trader" not "Elite Investor", so presumably everybody here either thinks he has an edge or is trying hard to find one. Certainly no one who has traded options for more than a short time is under any illusion that they're a route to easy or instant riches.
     
    #26     Jan 27, 2011
  7. drcha

    drcha

    Propslave has it right. You gotta read. There is nothing that any of these 5K or 28K seminars is going to teach you that is not already in a book somewhere. In fact, that is pretty much the case for almost any subject in the universe. It's all in a book somewhere. My favorite, as I have stated many times on this forum, is Larry McMillan's Options as a Strategic Investment.
     
    #27     Jan 27, 2011
  8. spindr0

    spindr0

    Think 2007. You got a chunk of change to invest. You want quality advice. You contact a Fool Service Broker. They provide their research. You buy their "quality" equity recommendations, perhaps:

    AIG
    BAC
    BSC
    C
    FNM
    FRE
    GM
    JCP
    LEH
    LIZ
    MCO
    ad nauseum

    Uh huh, buy and hold always works well too.
     
    #28     Jan 27, 2011
  9. 10 year from now, those name may fly again for those buy and hold investor.
    For option trader. ..?
     
    #29     Jan 27, 2011
  10. spindr0

    spindr0

    Don't hurt yourself waiting 10 years for them to come back (ignoring the ones that are wallpaper now). :)
     
    #30     Jan 27, 2011