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Anyone use Option Trading to make money? email this discussion to a friend?

myLot reputation of 95/100. sdas86 (1323)   ranked 613 out of 16,020 in make extra money2 months ago

Anyone is using option trading to make money? I heard that it is a great way to make money and can really make a lot money. Anyone has any idea and tips?

Please share with me and other newbies. Thanks!!!

 
 
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User has not selected a best response.
tags:  trading, option trading
 
1. myLot reputation of 94/100. ucancallmedissy (2026)   ranked 1,484 out of 16,020 in make extra money   2 months ago

I don't know much about options, but it is almost the same as forex right? I know more about forex, I tried trading forex in the last few months. If you want to know about forex you can check babypips.com, they have great tutorials. Good luck.


myLot reputation of 95/100. sdas86 (1323)   ranked 613 out of 16,020 in make extra money  2 months ago

Hi,
I also don't know much about option trading. I only know people are making money fron option trading.:-)

I tried using Forex.com to trade, but in the end I lost all my money. Luckily, it is only the tutorial account.:-)

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2. myLot reputation of 95/100. StereoDiva (783)   ranked 8 out of 16,020 in make extra money   2 months ago

I tried a forex "online for fun" site and enjoyed it. I would have to spend a bit more time doing it before I became comfortable at it with my real money.


myLot reputation of 95/100. sdas86 (1323)   ranked 613 out of 16,020 in make extra money  2 months ago

You are right. I also do the same thing. I only use the tutorial account and I never use my own money. I just give it a try and have fun with it. Forex is too dangerous to make money. The risk is very high.

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3. myLot reputation of 64/100. killer_s (113)   ranked 3,485 out of 16,020 in make extra money   2 months ago

i don't know about option trading, but many people go into it and earn much money from it. looks interesting, i also want to learn about this. if you want interesting about trading, like option, forex, stock, maybe you can try forex first, because i think forex more popular than option


myLot reputation of 95/100. sdas86 (1323)   ranked 613 out of 16,020 in make extra money  2 months ago

I tried Forex before and it is quite fun but too risky. It can help me make money very fast but can lose money very fast.

I'm not sure about Option trading but I heard people said we only buy the index up or down. 50% winning rate. If the index is up by 10 points and it is USD$10.00 per point, than we can earn USD$100.00 per day easily. But if it drops, then we lose.

That's what I know about option trading. Any idea? Or do you know anything about option trading?

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