| Most people think that the only way to get rich is | | | | choose a options account that charges less than $5 |
| from real estate or stocks. Few people understand | | | | trade. Sogotrade($3/trade, $500 min. deposit) and |
| what options are since they believe them to be | | | | Tradeking($4.95/trade, $0 min. deposit) are great |
| complicated and risky. The reality is that options are | | | | discount brokerages with free research. |
| actually less risky then buying stocks since you can | | | | 3. Options Software - The key to trading options is |
| control the upside and downside using options. | | | | your trading software since it will give you automatic |
| Options also give you the ability to control much | | | | buy and sell recommendation based on real time |
| more stock through the use of leverage. The | | | | movement. The key to making big money is using |
| following tips will help you start options trading and | | | | this software and feeling comfortable using it. |
| become wealthy. | | | | 4. Profits - You need to reinvest your profits so you |
| 1. What is an Option - An option is a contract that | | | | can continue to make more and more money until |
| expires at a specific date and represents 100 shares | | | | you become wealthy enough to retire. The sky is the |
| of a stock. Most options average price is between | | | | limit when trading options successfully. |
| $300-$600 a contract. | | | | In conclusion, trading options allows you to live |
| 2. Open a Discount Brokerage Account - You should | | | | anywhere why creating great wealth and having fun |
| open a discount trading account since the fees are | | | | doing it. |
| much less than full service accounts. You should | | | | |