"SO WHAT'S THE BEST WAY TO GET STARTED SO I CAN START TRADING FOR A LIVING RIGHT AWAY?"
If I had to start over from scratch knowing what I know I would do this:
A. I would focus on POWER TRENDS with Options
B. I would focus on POPS for cash flow
Why these 2 methods?
- Trades in 1 to 10 minutes a night max meaning I could work on other things, cash flow businesses, or if one has a job as most do, do your job then trade for only 5 to 10 minutes a night. How? We use price trigger contingent orders that most brokers have.
- The more you can distance yourself from the noise, from the wooing, from the sirens song of the market place by watching price action go up and down and from the "financial media" (lame), then you can concentrate better on what counts. For more on this check out Nicolas Daravas book "How I Made $2,000,000 in the Stock Market". Doing this will keep you from getting sucked into the wrong side of the markets where the markets would just love to take all of your money. And those who do not have a lot of experience in dealing and overcoming the inner game of trading will usually get seduced into totally wrong moves or mediocre, time wasting, money wasting and potential big move missing scenarios.
REVERB8 is a GREAT Power Trend system. It has a very high precision mechanism and it is good at taking out timely moves on a stock while keeping trading nice, easy going and potentially dramatically profitable. Most traders can not handle systems that are too active (although newbies and certain personality types crave intensity and action and if you do make sure you incorporate a pops style to satisfy that need to help put you smartly in position to generate cash flow systematically (without creating an emotional frenzy). See more info on REVERB8 Power Trend Trading System.
POPS CRUSH Quick Pop Options Trading System and Strategy Is an excellent and Powerful trading system that can certainly give you a huge Head Start into long-term trading success. It trades actively. You can use short-term options. It's for cash flow generation and this system has the potential to generate a lot of cash flow. Additionally it's important to have a good active swing trading system for those who are looking to trade actively because doing so will help you prevent getting into frenzied emotions that can suck you into error. He wants to be able to have a very sharp high probability opportunity for every single trade and this system will provide that for you. Check out more info on CRUSH.
Options Swing Trading
Options swing trading is the fundamental way to trade for cash flow. Its also a great way with a good system or strategy to ramp up an account to large values relatively quickly. We have some VERY powerful options swing trading systems and strategies. You'll want to definitely check those out.
You Know this Was the Main Reason You Really Got into Options... I Hope So.
So it's Time to Address Your First Million in Options Now with a Strategic Plan. "Winging it" in options will certainly not get you there. But setting the goal while smartly and knowledgeably reverse engineering the plan can put you in a great highly probable position to do so.
Options Power Trend Trading
High Velocity 3 to 4 Week Trend Riding with Options
Now this is a powerful way to trade options. If you can spot power trend routinely then riding this big moves, usually 2 to 4 weeks, is a sweet spot for buying options and advancing a trading account ahead rapidly.
Targeting powertrends only is a great way to trade options!
Options STRANGLES Trading
Take advantage of "big scary audacious moves" (the most profitable kind) with no more fear because you're going to learn how to strategically play both sides of the markets in a much better way. Discover our new approaches to options strangle trading for some potential mind blowing opportunities.
Options Micro Swing Trading
There is a ton of opportunity on the micro swing trading level in options. By learning micro swing trading you could double or triple your potential profit opportunity. We have strategies and systems that can show you how to take advantage of the micro swing and gain much more control over your options trading by being "inside the swing"...
Options Weekly Paychecks: Options Systems and Strategies for Targeting a Potential Weekly Paycheck
This is a fun concept that has enabled us to focus in and craft systems and strategies designed for the purpose of targeting a weekly paycheck. More info
Learn How to “Crush It” in Your Options Trading with this Powerful High Momentum Options Trading Strategy