written by reader What is the BEST Options Trading Service available?

By samdingus, October 18, 2020

I hate my job and I would very much like to trade full time. I don’t have a lot of money to start. I would love some input on the best Options trading service available, especially if you are trading full-time and/or have a lot of experience doing it. Perhaps there’s someone out there that trades full-time that would be willing to mentor me?
Thank you, in advance, for your input,
Sam

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hedy1234
Irregular
hedy1234
October 19, 2020 11:28 am

Sam,

Half of all employees do not like their jobs. So my first piece of advice is no matter how bad it is, it is a steady income.

Second, if it was easy to trade options and replace an income, many folks would just do that. So why hasn’t that happened? Because it is very hard to do.

Third, options trading is not the same as day trading which is also very challenging. Impossible to be high speed computers.

In order to buy or sell options you will need to obtain approval from your brokerage firm. Call them and see what that entails.

You can buy and sell options while working since doing the trades takes almost no time.

The best, conservative trading service I have found is published by Stansberry Resesrch. It is called Advanced Options. Very good track record.

They have extensive reading materials that MUST be understood before you dabble with this.

It is very easy to lose and make money with options. No one ever pays attention to the lose part. Won’t happy to me. Hah!

The best advice is to buy the service, read all the materials, Paper Trade for a couple of months and learn.

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hedy1234
Irregular
hedy1234
October 21, 2020 4:52 pm
Reply to  samdingus

Also look at Retirement Trader. May be a better one to try first.

mmatfess
Member
October 20, 2020 7:59 am

I’ve had luck with Rebound Profit Trader (Banyon Hill). I’ve used the service about 4 months, and have closed $10,000 in realized gains. However, I have a a lot currently in positions that are more or less in the red. I’m optimistic they’ll eventually pay off, but if they don’t it will be a significant actual loss. Someday I’d like my overall exposure to be less than my realized profits…. The options trades are provided in nearly ‘idiot proof’ terms, so that’s a plus. Option trading is not for the faint of heart, as every day there seems to be no logical explanation for why options price the way they do, and even when I’ve made money I still worry about overall exposure. Be careful.

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