| Options trading has, for years, enticed and seduced | | | | that are ready to explode is what every trader is |
| many people into learning about this relatively | | | | looking for. Combine that explosive price movement |
| unknown form of investing. Stock options are gaining | | | | with the potential gains of stock options and you |
| popularity, but the mass population is still not fully | | | | have a winning combination. |
| aware of their existence. Now that I've experienced | | | | This crucial first step builds the foundation of a |
| my own 300% returns on my money, I've set out | | | | successful trading business. You can't find quality |
| to tell the world about options trading. | | | | trades on a consistent basis unless you have quality |
| The first lesson I will share with you is that when | | | | stocks that produce these trades. I use the |
| you tell people you're learning how to trade stock | | | | Investors Business Daily to find my stocks. They've |
| options, their responses will vary. Some will have a | | | | created their own proprietary formula for finding the |
| vague idea, or think you're talking about employee | | | | best stocks. Feel free to check them out at |
| stock options. A large majority will tell you that | | | | Creating Your Watch List: your watch list is like your |
| options trading is risky and should be avoided. | | | | pot of gold. It will overflow with endless trading |
| Don't take it personally. They're just looking out for | | | | opportunities. This list is your 50-100 best stocks. |
| your best interest. | | | | Your going to review the stock charts each night, or |
| Many people discouraged me from learning how to | | | | week, looking for potential option trades. |
| trade stock options. I'm glad I didn't listen because | | | | Using Technical Analysis to Find Trades: At this point |
| trading stock options has changed my financial future | | | | in the trading process you're going to use technical |
| for the better. Learning how to trade stock options | | | | indicators to evaluate the stocks on your watch list. |
| was a struggle at first, but over the years I've | | | | You're looking for chart patterns and trade entry |
| managed to break options trading down into 7 simple | | | | signals. |
| steps. | | | | Creating Your Hot List: If you found a stock that has |
| I'm not the original author of the 7 steps, but I have | | | | signaled for a trade entry, you place it on your hot |
| noticed that all successful options traders follow | | | | list. This is the list of stocks that you're ready to |
| them. Here are the seven steps: | | | | commit money to. You pull up the option chain and |
| 7 Step Process of Trading Stock Options | | | | you pre-select the options you're going to buy. You |
| Finding Hot Stocks: let's face it, finding hot stocks | | | | then wait until the next trading today. |