Learning to Earn Extra Income By Trading Options
2/5
()
About this ebook
Every day, thousands of regular people, just like you and me, are generating extra money by trading stock options.
Simply put - Options are contracts that give the purchaser the right to buy or sell a security, such as stocks, at a fixed price within a specific period of time.
Because options cost less than the price of many stock shares, they have a versatility that makes trading a very smart monetary move for many people.
In this book, we will quickly go through each step through an incredibly simple options trading technique (for index options) that if followed correctly will create an income flow. Keep in mind, however:
This is not a get rich quick idea.
Instead, this is a proven system that has been tested successfully over and over again. Now, you can cut to the chase, eliminate the testing and utilize a proven and duplicable system.
We’ll also cover – how to hone your trading skills with razor sharp precision – without risking any money.
How to benefit from major market momentum shifts – instead of fearing them, you’ll be on the top of the earnings game.
We’ll cover how to profit from the market regardless of whether the market is up or down – again, instead of worrying when the market doesn’t look good, you’ll be smiling as you have a proven system to utilize.
These are just a few of the steps we will be covering in this hands on, reader friendly book to give you the expert and trusted help you need.
Finally, after learning this system of trading, if this has been beneficial to you, Please Leave an Honest Review of Your Experience.
Timothy Phillips
Timothy Phillips is a minister, entreprenuer, and retail options trader, who has been trading options for some years now. He has had to learn the hard way about trading options. After, many large losses and some huge gains, he learned how trade consistently with good results. As an effective trainer, he shares what he has learned in an easy to follow guidebook. Although he is not a professional options trader, he has years and thousands of good hours of experience trading options in the stock market. He has the gift of taking his knowledge and translating it into a form that allows almost anybody to understand.
Related to Learning to Earn Extra Income By Trading Options
Related ebooks
How to be a Options Trading King: How To Be A Trading King, #4 Rating: 0 out of 5 stars0 ratingsStock Options: The Greatest Wealth Building Tool Ever Invented Rating: 3 out of 5 stars3/5Options Trading: Strategies to Make Money with Options Trading Rating: 3 out of 5 stars3/5Options Trading: Strategies to Make Money with Options Trading: Options Trading Series, #2 Rating: 0 out of 5 stars0 ratingsAdvanced Options Trading: Master the Advanced Trading Strategy and Boost Your Income From Home: 3 Hour Crash Course Rating: 0 out of 5 stars0 ratingsOptions Trading: Learn the Proven Income Strategy Designed for Beginners and Start Trading In Your Bathrobe: 3 Hour Crash Course Rating: 0 out of 5 stars0 ratingsOptions Trading: Quick Starters Guide to Options Trading: Quick Starters Guide To Trading, #3 Rating: 0 out of 5 stars0 ratingsTrading Options on Tech Stocks - Selling Puts & Calls: The INCOME INVESTING FOR INDIVIDUALS Series Rating: 3 out of 5 stars3/5Never Let Wall Street Steal Your Money Again!! Rating: 5 out of 5 stars5/5Simple Swing Trading Method Rating: 0 out of 5 stars0 ratingsTrading Cheap Rating: 0 out of 5 stars0 ratingsBest Tips for Stocks Futures and Forex Trading Rating: 0 out of 5 stars0 ratingsHow To Master Your Investment In 30 Minutes A Day (Preparation) Rating: 0 out of 5 stars0 ratingsStocks: The Ultimate Guide to Investing and Trading Stocks: Getting an Edge with Trading Stocks Rating: 0 out of 5 stars0 ratingsSwing & Position Trading for Beginners Rating: 3 out of 5 stars3/5How to Swing Trade ETFs Forex Futures and Stocks for Unlimited High Profits Rating: 0 out of 5 stars0 ratingsHow Not to Go Broke Trading Options: Get the Lunch Order Right First Rating: 0 out of 5 stars0 ratingsSwing Trading Strategies For Beginners: Learn Stocks and Options to Build Passive Income From Home: 3 Hour Crash Course Rating: 0 out of 5 stars0 ratingsBeginners Day Trading Wealth Guide Rating: 0 out of 5 stars0 ratingsHow to Trade the Turn Rating: 0 out of 5 stars0 ratingsStock Market For Beginners: Stock and Options A Simple Guide to candlesticks, Support & Resistance, Indicators & Scanners Rating: 0 out of 5 stars0 ratingsOptions Trading: How To Excel At Options Trading: Strategies On How To Excel At Trading, #2 Rating: 0 out of 5 stars0 ratingsMaking Money with Option Strategies: Powerful Hedging Ideas for the Serious Investor to Reduce Portfolio Risks Rating: 0 out of 5 stars0 ratingsOptions Trading: How To Excel At Options Trading: Strategies On How To Excel At Trading Rating: 0 out of 5 stars0 ratings
General Fiction For You
The Priory of the Orange Tree Rating: 4 out of 5 stars4/5The City of Dreaming Books Rating: 5 out of 5 stars5/5The Covenant of Water (Oprah's Book Club) Rating: 4 out of 5 stars4/5Dante's Divine Comedy: Inferno Rating: 4 out of 5 stars4/5A Man Called Ove: A Novel Rating: 4 out of 5 stars4/5Shantaram: A Novel Rating: 4 out of 5 stars4/5Life of Pi: A Novel Rating: 4 out of 5 stars4/5The Unhoneymooners Rating: 4 out of 5 stars4/5The Lost Flowers of Alice Hart Rating: 4 out of 5 stars4/5The Fellowship Of The Ring: Being the First Part of The Lord of the Rings Rating: 4 out of 5 stars4/5Cloud Cuckoo Land: A Novel Rating: 4 out of 5 stars4/5The Silmarillion Rating: 4 out of 5 stars4/5The Iliad of Homer Rating: 4 out of 5 stars4/5Beartown: A Novel Rating: 4 out of 5 stars4/5Jackal, Jackal: Tales of the Dark and Fantastic Rating: 5 out of 5 stars5/5Mythos Rating: 4 out of 5 stars4/5You: A Novel Rating: 4 out of 5 stars4/5The Canterbury Tales Rating: 4 out of 5 stars4/5The Ocean at the End of the Lane: A Novel Rating: 4 out of 5 stars4/5It Ends with Us: A Novel Rating: 4 out of 5 stars4/5The Alchemist: A Graphic Novel Rating: 4 out of 5 stars4/5Ulysses: With linked Table of Contents Rating: 4 out of 5 stars4/5Babel: Or the Necessity of Violence: An Arcane History of the Oxford Translators' Revolution Rating: 4 out of 5 stars4/5The Dry: A Novel Rating: 4 out of 5 stars4/5The Labyrinth of Dreaming Books: A Novel Rating: 4 out of 5 stars4/5The Cabin at the End of the World: A Novel Rating: 4 out of 5 stars4/5Anonymous Sex Rating: 2 out of 5 stars2/5The Candy House: A Novel Rating: 4 out of 5 stars4/5My Sister's Keeper: A Novel Rating: 4 out of 5 stars4/5Recital of the Dark Verses Rating: 4 out of 5 stars4/5
Reviews for Learning to Earn Extra Income By Trading Options
1 rating0 reviews
Book preview
Learning to Earn Extra Income By Trading Options - Timothy Phillips
Learning to earn Extra Income by Trading Options
A STEP BY STEP GUIDE
By Timothy Phillips
Learning to Earn Extra Income by Trading Options Copyright ©2015 by Timothy Phillips/TphillipsBrand
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, at the email address below.
tphillipsbrand@gmail.com
Part of this book is a work of fiction. Either the names, characters, places and incidents are products of the author’s imagination or they are used fictitiously. Any resemblance to actual events or locales or persons, living or dead, is entirely coincidental.
Table of Contents
ACKNOWLEGEMENTS
Introduction
The Aim of This Book
Disclaimer:
Subjects Not Covered In depth
LIST OF WHAT EACH RETAIL TRADER NEEDS
CHAPTER ONE
Honing trading skills
Best Way for Traders To Hone Their Trading Skills
How Should Traders Use The Simulator?
How Long Should A Trader Use the Simulator Trading Platform?
CHAPTER TWO
How to Trade the Stock Options Market
CHAPTER THREE
Profitable Trading Methods
CHAPTER FOUR
Understanding the Candlestick Price Chart
CHAPTER FIVE
The sources behind most market moves
CHAPTER SIX
Working the Trading Plan
NOTES:
ACKNOWLEGEMENTS
I would first like to take the time to thank the LORD, Who is the Head of my life and is the real reason that I have been able to write this book. Thank-You LORD!
Then, I would like to thank my dear sweet mother Janice and each one of my sisters, family members, and friends for their prayers and support which has made it possible for me to write this book.
Introduction
Many people, who make the decision to become retail traders, begin by holding grand ideas of becoming wealthy or super rich, simply by starting to trade in the markets with just a few hundred dollars. The truth is this rarely ever happens. It can happen, however, but without the right training and experience, it is very, very rare.
Through trial and error and the loss of thousands of dollars, some traders finally begin to see the error of their ways and actually start using the correct tools (that are readily available to most traders) which allows them to, finally become profitable traders. By using these tools effectively, and one in particular that we will learn later, the retail trader can find themselves safely on the road to seriously learning to earn extra income by trading options.
The Aim of This Book
First, let us address in which of the multiple financial markets we are covering in this book. We will be dealing with the US stock market indices, primarily (if not exclusively) the Nasdaq100® index (NDX). More specifically, we will mainly be dealing (step- by-step) with the NDX options market, although what we teach could apply to some other indices and even to some other stocks.
By taking advantage of various trading tools, with one special tool specifically, the retail trader can learn to earn extra income by investing in the NDX index options market. At the same time, having to use only a relatively small amount of investment.
Secondly, we must mention the people to whom this book will benefit most. The individuals who will benefit most from this book are the type of ‘Retail Traders’ who have or will have (with the goal of saving their money and learning to use these basic trading techniques effectively) at least four to six thousand dollars (and thirty thousand, if possible).
Money that will not pose real financial harm if lost by trading in the markets. Additionally, this type of trader must have the time and patience set aside to learn how to trade the index markets (particularly the NDX market) before risking any investment capital.
Keep in mind, however, the retail trader that follows this program does not necessarily need to have access to tens of thousands of dollars to trade and invest with, in order to be successful. It is much harder, on-the-other-hand, but not impossible, if a trader has only a few hundred dollars to begin trading in the markets to become profitable.
The fact remains, however, that I (the