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What are the wrong ideas about Trading Options?

What are the wrong ideas about Trading Options?

August 7, 2017

Nowadays, many traders have wrong ideas about Options Trading here in this article, I want to mention some of the most important points. Table of Contents1 You should learn Forex before Trading Options. 2 You need a lot of money to start Trading Options. 3 You don’t need a strategy to trade in Options!4 All […]

Nowadays, many traders have wrong ideas about Options Trading here in this article, I want to mention some of the most important points.

  • You should learn Forex before Trading Options.

    It is a wrong idea, and you can start Trading Options without learning Forex. You can start to learn your Options Trading strategies, and the Forex market is not a pre-requirement for Options Trading.

  • You need a lot of money to start Trading Options.

    It is another wrong idea about both the Forex and Options Trading market. The Forex brokers’ minimum deposit was more than $10,000 to start trading, but today you can start trading just with $1.

  • You dont need a strategy to trade in Options!

    This Idea is very funny.  If you believe in this idea, I highly recommend you leave the Options Trading market and start gambling in Casino.

  • All Trading Options brokers are scammed!

    If you choose a wrong broker to trade with, that is on you.  Although there are many Forex and Options Trading brokers that are a scam, you must be careful to choose the best brokers. By a simple check on the internet, you can easily find out which broker to choose.

  • The chart trend is not predictable!

    If you think the market is not predictable, please note that there are a lot of universities that teach the Forex market and economic indicators. If you can’t predict the market, increase your knowledge.

  • I should find the best strategy in Trading Options

    You should know that there is not any best strategy in Options Trading or Forex market.  All profitable strategies are good, and you can’t count on a fix strategy for a long time. Some strategies are good in the trading area, and some strategies are good in market trends. You can follow the well-known strategies or create your one!

  • You can use your Forex strategies in Trading Options.

    If you look at it normally,  this idea is not wrong.  But If you look at Options Trading wisely, you can understand that the Expire time is a very important factor in Options Trading.  In Trading Options,  the return and loses are fixed in each position; after that, you can’t use your Forex strategies on Trading Options without innovation. read more here

https://www.closeoption.com/blog/trading-options-simple-strategies/

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