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5 Easy Steps!
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Step 1:Choose a stockbroker (and a chart service if the stockbroker's charts are inadequate), and be sure that you are approved for option trading. We recommend that option traders do NOT use a margin account for option trading because option trading with borrowed money unneccesarily increases the risk of loss.
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Step 2:Study our actual trades until you fully understand how to make your own profitable trades.
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Step 3:Test your trading skills with some paper trades before you begin option trading for real. It is a good idea to sufficiently test both day trading where you close out all positions before a day session ends and test whether or not holding positions for days, weeks or even months works better for you.
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Step 4:Successful traders know that using the best data and charting tools available dramatically reduces the unknown factors and attendant risks involved in trading, but they also know that appropriate personal discipline will optimize the risk/reward ratio to maximize profitability.
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Step 5:As it is with most endeavors, your level of success will depend on your experience, your skill level, your self-discipline, your plan of attack and your ability to properly read, interpret and react to the market. Once you have mastered all of the requirements for successful trading, you will be ready to "MAKE MILLIONS IN THE STOCK MARKET"!
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