In this course we discuss how to approach options trading with a healthy mindset and how to execute options trading for consistent income. This course does not teach you how to make one big win, but instead teaches you how to go after realistic wins via a mechanical trading strategy.
Covered Topics:
The Goal of Trading vs Investing
The Psychology of Trading
Cash and Risk Management
Two Trading Strategies
• Technical analysis – how to identify in what direction the market is moving
• Stock Charts - how to identify stocks to trade
• Thinkorswim – how to make options trades
• How to manage your risk and have a plan for each trade you make
I will be utilizing stockcharts(.)com and Thinkorswim (TDAmeritrade) to perform technical analysis on the S&P 500, as well as individual stocks. I share my Stock Charts scripts for identifying potential trades. This resource will help you apply the teachings in this course and ID strategic trades moving forward.
This course is best suited for traders who know the basics of options (calls, puts, strike prices, etc). From there, beginners to advanced students will find helpful content in this course.
I look forward to helping you understand and successfully apply investment strategies in this course and beyond. Please feel free to contact me with your trading questions.