If we compare trading stocks to gambling in a casino (traders bet against the house with hopes of getting lucky), then let’s say your first time trading options is like betting on a horse race. Everyone is betting against each other, while the racetrack takes a small cut from each bet.
This means that whatever the option buyer gains from their win is another option seller’s loss.
While everyone loves to be the person who wins trading options can be a fast way for beginners to lose all their money. But it doesn’t have to be that way…
Your First Time Trading Options
Have you ever wondered how traders use options to turn small stock moves into massive profits?
Well today, you’re in luck! That’s because I’ve joined James West, another expert in the options trading game, to show how you can make large amounts of money in short periods of time… even if this is your first time trading options.