Options Trading Tutorial

Can someone suggest a stock trading course that works. ?

I have been studying stocks and options such as call and puts, covered calls and so on. I am ready to study these areas in more detail but am not sure which product to purchase. So far I have been offered courses from Better Trades, Investools, Rich Dad Stock Success. Does anyone know which course may be the best course out of the three mentioned above?

Public Comments

  1. Perhaps you should intern or work for a financial advisor, instead. That is the best learning course out there! Then, you can get your Series 7, 66 and 3 licenses. The test preparation will teach you a TON about stocks and options. And best of all, your employer will pay for the test materials and test fees! Something else to consider: those "programs" are in no way guaranteed to work. In fact, they are pretty much a waste of money, if you ask me! See, nobody KNOWS anything about a particular company, stock or option issue and what its price is going to do. All everyone does is state their best guess as confidently as possible, like their opinion is a fact, and hope people accept their opinion. Then, they write a book on a "program" and sell it for a ton of money. While there surely is a lot of good information in these books, they are by no means a blueprint on how to get rich in the stock market. If there was such a blueprint, it wouldn't be hawked by some shyster doing infomercials. Just remember that playing the stock market is a more sophisticated version of gambling.
  2. You can also make money on a "breakout". That's a stock that's hitting a new trading high or low that day. You can also make money by "scalping", or getting a thin piece of a rapidly-rising stock's upward momentum. Buy 1,000 shares of a $35 stock, hold it for 10 seconds, and sell it for $35 1/8. Of course, that's if you're any good. Many people just don't get it. Jane B
Powered by Yahoo! Answers