Last week, we talked about the basics of options – what they are, why they exist, how to understand them, and why every investor can pull down extraordinary profits from using them.
Now I'm going to walk you through the basics of starting to trade.
You see, there are three very simple steps you need to take before you can start trading for steady monthly income, asset protection, or my personal favorite, fast triple- and quadruple-digit windfall gains.
If you already have a brokerage or investment account – Hey! – you're a third of the way there.
Then I'm going to show you some places and ways you can trade, no matter your style or skill level.
And to top it all off, I'll walk you through an extremely important conversation you'll have with your broker.
I've helped more than 300,000 people get started on making serious money with trading, so I'm here to tell you: This'll be easy and fun.
Step One: Choose Your Broker
There are a couple of ways to do this.
You could go with a stock firm that offers options trading, or with an options firm that offers stock trading.
Personally, I like the latter, because an options firm knows an option client's needs, but the choice is yours.
Note: If you're subscribed to one of my trading research services like Weekly Money Call, you want a platform that trades from wherever you are, so I also recommend going for a broker that has an app you can download to your phone.
Step Two: Choose the Right Trading Platform
About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.