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Active Since 11/27/07

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wrhmcp

Member since: Feb 08
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Age: 60's
Largo, Fl
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I'm new at TradeKing and this group. I haven't gotten an email from TradeKing yet that says my application has been approved. Opened an account tonight. Just learning.
Posted February 14, 2008 (01:51AM)
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wrhmcp

Member since: Feb 08
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Retired
Age: 60's
Largo, Fl
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Got my email from TradeKing and have to learn how to fund my account. I'm learning as I go. I'm glad the market is closed Monday, more time to learn. Any suggestions?
Posted February 16, 2008 (11:45PM)
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Craig K

Member since: Feb 08
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Age: 30's
Baltimore, MD
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I got most of my education from Optionetics website.  I bought the course and then returned it within 2 weeks, but the videos and cds were real helpful during the 2 weeks.  The website has free tutorials and they really explain some good strategies, always protecting your money.  Hope that's helpful.

Posted February 21, 2008 (07:52AM)
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optionstrategy

Member since: Jan 07
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As of: 11/19/08
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Age: 60's
San Luis Obispo, ca
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I would not recommend Optionetics. It is extremely expensive and they advertise and heavily promote and push thier product via Informercials and seminars.  It costs several thousand dollars for everything and even their seminars are almost 1K.  Best to read about options and go to the many free websites out there.  Thats how I learned. There are free discussion forums on Optionetics and that would be one source of information.  Watch out for any company that is on TV infomercials and seminars.
Posted February 21, 2008 (11:05PM)
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stugots

Member since: Mar 08
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landlord
Age: 40's
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This aint rocket science- just prudent money management

the fact is if you guess right you win

and if you guess wrong you loose.

Posted April 03, 2008 (09:23AM)
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MachoBacho

Member since: Jul 07
Trades 82
Trade Notes 16
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Investor
Age: 50's
Honolulu, Hawaii
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It is more predictable than gambling. No matter how well you play a hand of poker -- or interact with the machine -- it is programmed to be so random you can't average out beating it. With options you have a fighting chance, and as with many things it will depend at how expert you become at analyzing companies offering traded stocks, so that you can then start mastering the next level of complexity in terms of the ups and downs of options on those same stocks. Humility helps.
Posted April 04, 2008 (05:44AM)
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Gil

Member since: Apr 08
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Are there any books or online courses concerning options strategy / management....  i.e. where to set stops (both on downward movement or protecting profit)? This for the beginner and not on all the different plays once you become more experienced.

Posted June 25, 2008 (04:59PM)
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jejohns721

Member since: Jul 08
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Is anyone familiar with how the profit/loss calculator works? I tested it with a call option and the profit didn't make sense to me at all. I'm not mathematician, but I know how to add and subtract. However, the profit it showed baffled me to know end. I even watched the tutorial with little to know effect.
Posted July 15, 2008 (01:11PM)
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