Category: Options Trading (Page 1 of 4)

How To Trade Options in the Market With a 9-5

Options Trading for beginners
Are you ready to trade options? Here’s what you need to know first.

There are many ways to earn money outside a 9-5 but multiplying your money at will through the market provides you with another type of freedom.

If you’re like me, you probably hold traditional long-term stocks, some crypto, but have also been interested or curious about options trading.

Options trading seemed intimidating to me a year ago.

But after many months on and off of researching it, I’ve finally decided to apply the knowledge I’ve gained.

And it’s changing everything very quickly (options trading course on Patreon).

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Why options trading?

how to trade options for beginners

Options trading allows you to make money at will, no matter if the price of a stock is on an upwards or downwards trend.

Differentiating calls vs puts is going to help you identify which strategy will best suit you as a trader.

While some traders use one or the other, many traders also use both strategies in different plays.

Trading options isn’t as risky as most people might initially think it is.

For starters, buying a call or put option means you can only lose what you invest in.

Another pro to trading options is you can earn money every day, or every week if your margin account has less than $25,000.

New options traders will find you do not need a lot of money to begin trading options.

To get started, you’ll need to open an options trading account and you can fund it with a few hundred dollars or less for starters when learning how to trade.

Reason why you shouldn’t limit yourself to a 9-5

9-5
Options trading for beginners.

A 9-5 might feel like you have some sense of security, but the reality is a 9-5 is never truly 100% secured.

Learning new skills will allow you to increase your income outside your 9-5 without having to take the risks of entrepreneurship.

Two of my startups failed while I was employed, the third one wasn’t scalable, and finally my first real business has been growing since 2020.

But even then, I knew that I didn’t just want to earn money per project.

I asked myself, “how can I earn money on a regular basis?”

That’s when I began to study options trading before actually committing to making my first trade.

The hardest part for me was taking action after I had digested the knowledge on how to make my first trade.

But let me tell you, once I made my first trade, I got a rush.

Because I wanted to do it for so long and I was finally doing it.

I had a strategy in mind I always thought of using and I finally began putting it to work.

I made gains on my first trade, gains on my second, and lost a little on my third.

But by my sixth trade, I was up 10.57%.

If you’re a long-term investor you’re lucky to see these gains by the end of the year.

Here’s why these gains were so important

If you’re thinking to yourself, what’s so significant about +10%?

Well, you’re missing the macro vision here.

Think about how often you get a raise at work, are you even in a position to get a raise at work?

Imagine you getting paid 10% more one day at work, that be great wouldn’t it be?

Now let’s break down how much 10% is when comparing it to a few different brackets when trading options.

10% gains on $200 is $20 more per day / additional $600 per month

10% gains on $500 is $50 more per day / additional $1,500 per month

And 10% gains on $1,000 is $100 more per day / additional $3,000 per month

Now that’s a lot better, right?

If you are able to make $1 trading options then you can make $10 trading options and $100, and so on.

And while not every trade will be a 10% gain day, some will be bigger days and some less.

This is where strategy and due diligence will play a big part in your success rate.

How to prepare for options trading

options trading for beginners.
Options trading for beginners.

Read the differences between calls vs puts.

I break down the differences in this article and make it very easy for beginners to understand how they work.

Call options are bullish bets a stock will go up while put options are a bearish bet a stock will go down.

You will also want to familiarize yourself with the meanings of OTM (out the money), ITM (in the money), and ATM (at the money), also explained in this same article.

And lastly, you will need to use a broker that allows you to trade options.

Webull has to be the best platform to trade options as it has one of the easiest navigation layouts in the game.

NOTE: you will need to open a margin account and not a cash account to trade options with Webull.

If you’re part of the community newsletter, you received an email regarding a new 3-part video options trading series I have coming very soon.

I’ve completed Part 1 and Part 2 already and will be publishing a video on my personal day-trading strategy in August as Part 3.

I show you the basics; how to buy a ‘call’ option and ‘put’ option step-by-step during a real-life trade.

I will wrap up the third video with the trading strategies that I personally use that no one else is talking about.

Some of you caught the clip I posted on my IG story this morning on calls that printed from CEI.

This 3-part video series will be made available in our private community if you’re interested in learning more about trading options.

Here’s what happens when you trade options

Options Trader - FrankNez
Options trading for beginners.
  1. You gain control of your finances
  2. A confidence emerges that was previously dormant
  3. You unlock the ability to multiply your money at will

Something clicks when you realize that you can literally turn money into more money without relying on an employer.

Those of you reading this who already trade options know exactly what I mean.

By the end of my course, most of you will be able to wake up every morning and make a trade that will yield gains.

Join our private community here to be part of this experience.

The Best Indicators to Trade SPY // Lesson.

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Things You Can Start Now to Earn More Money in 2023

ways to make more money in 2023.
Ways to make more money in 2023.

The year is almost over but it’s not too late, there are still things you can start now to earn more money in 2023.

In this article, I’m going to walk you through 5 different ways you can begin to set yourself up for financial success next year.

If you enjoy this article, be sure to join the newsletter below for more content like this.

Also, don’t forget to share this article on social media.

Let’s get started!

#1. Write a Financial Plan with Intention

financial planning

One of the most important things you can do right now is to begin writing a financial plan with intention.

The intention has to be there.

What are your financial goals?

What are your income goals?

Journal them and create a plan on how to make those visions become a reality.

Perhaps you’re looking forward to saving your first $1,000, your first $10,000, or want to hit your first every $100,000+ in capital.

The best way to start that journey is to write it down as a plan first.

Identify what it’s going to take, and the rest will follow through.

#2. Practice or Learn New Skills Now

If part of your plan involves earning more money for 2023 and you’ve identified that you’ll have to take on a whole new industry or develop a new set of skills, start now.

The only way we grow is by learning, and unfortunately there’s no shortcut for it.

You can learn new skills such as copywriting, public speaking, trading, graphic designing, website creation, sales, marketing, branding, etc.

Learning is painful because it’s slow and often times people put learning something new on the back burner to not start over again.

But the truth is you’re not starting all over.

You’re merely making yourself more valuable by elevating your standards.

If you want to make more money in 2023, chances are you’re going to have to do something different the new year than you did this year.

Remember, degrees don’t make you money, skills do.

#3. Solve Problems for Other People

how to make more money in 2023.
How to make more money in 2023.

This can be in the form of an actual business venture, or an educational or informational startup, such as an online business (blog, podcast, etc.).

You know this and I know this, there are people making a sh*t ton of money either online or through a traditional business model.

What these individuals are doing is they’re simply solving problems for other people in a particular community or niche industry.

Can you think of a way you can serve people in a manner that will solve a problem for them?

Whether their problem is they’re in the area and they’re hungry, or they don’t know how to dress themselves properly for a specific function, or they don’t know the basics of proper car maintenance.

There is something you know that can solve the problem for someone else whether that be physically or through an online platform.

Related: How to Start a Blog Step by Step for Beginners

#4. Start Putting Your Money to Work for You

how to put your money to work.
How to put your money to work.

If you have disposable income, the best thing you can do is to put that money to work for you.

Did you know you can buy stocks that will pay you a dividend every quarter?

These earnings then rollover and compound further growing your investment/net worth.

This of course just one example of how you can put your money to work for you in 2023.

If you have big capital at your disposal, buying a property cash could provide you with rental income while appreciating over the long-term.

#5. Create Something Original You Can Sell

how to earn more money in 2023.
How to earn more money in 2023.

One thing you can do now is create something original that you can sell.

It can be clothes, paintings, a service, a product, a book, literally anything that’s original.

You can learn how to sell on Etsy, Ebay, on Instagram Stores, or via a personalized website.

Heck, you can even sell at events or swap meets.

Your hustle is your hustle and you’re more valuable than you think.


The Complete Guide to Trading Platform Development 

Automated trading software development is the backbone of the digital economy. They are the engines that drive a trading session, and they also provide liquidity to market makers.

We need to understand how they work and what their role is in the market. In this section, we will discuss key concepts of trading platforms like open order book, buy sell market maker, disco and how these can be used as building blocks for creating trading platform applications. The trading platform is a digital marketplace where buyers and sellers can exchange goods and services. The platform’s functionality may include:

“I am a trader, I have to generate content on my trading platform. How do I do that? I have a lot of trading platforms to test and study. How do I choose one?”

The trading platform development is one of the most important parts of any trading platform. It consists of two main sections: While a trading platform can be developed from scratch, it is more convenient to use an existing platform. This section deals with the creation of new platforms using an existing one.

How to Choose the Best Trading Platform 

As a beginner, you will be able to choose from many different trading platforms. The platform that you choose should offer enough features and flexibility to allow you to trade on a daily basis without having too much technical knowledge. Also, it should be easy for you to use and understand.

One of the most important factors when choosing a trading platform is what type of currency pair do you want to trade with? The most popular ones are Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Ripple (XRP). You can also find other cryptocurrencies like Cardano or IOTA on these platforms.

We all know that there are many trading platforms available out there, but which one is the best? We will give you a list of the top five trading platforms.

In this section, we will be explaining the various trading platforms that are available in the market today.

Dominant Strategies of Top Experienced Trading Platform Executives

A trading platform is an online platform that allows its users to trade and manage their assets. The platforms are designed to be used by both beginners and experienced traders.

Trading platforms are a very complex system of data, algorithms, and software that needs a lot of expertise to work properly. This makes it difficult for new traders to understand everything they need to know about the trading market.

The most experienced traders know how each algorithm works, how the market behaves in certain situations, what the best prices are for different assets and other factors that affect the price of an asset in real time. They also know what strategies work best for them so they can make informed decisions every day based on their own experience of trading.

They also have a good understanding of how people use the platform because they often trade with other people on the platform as well as against them in order to make money from their trades. So these top professionals use this knowledge when developing strategies for themselves.

What are the Best Crypto Currency Brokers? 

Crypto currency brokers are the ones that allow you to buy and sell crypto currencies. They are also known as exchange platforms and they offer a wide range of services.

In the crypto world, there are a lot of brokers that offer their services to customers. Some of them are the best and most trusted brokers in the market.

We can find a list of these best crypto currency brokers in this article.

There are too many crypto currencies to list them all. The best brokers will be those that have the most functionality and can provide you with the best trading experience.


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