Is Trading the Stock Market Gambling? Well, that all depends on how you approach the market. Let me explain. Online trading has exploded in recent years, attracting complete novices who think they can spend a few hours each week pressing a few buttons and end up making a fortune. The problem with this “Get Rich Quick” mentality is that you will likely end up losing your entire account. That’s because you will take on far […]
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Call Options for Beginners
If you’re trading a small dollar account, less than $5k, you may be finding it hard to buy expensive stocks like Tesla, Amazon, Apple, or Netflix. If this sounds like you, you may want to consider using Call Options. They will give you the exposure you’re looking for and are cheaper than buying the stock outright. Sound interesting? Let’s take a closer look. What are Call Options? A Call Option gives the buyer the right […]
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Options Trading for Beginners
Let’s talk about Options. What are they? How do I use them? Are they for me? I first discovered Options following the Global Financial Crisis in late 2008. It was then that I discovered the downside of using Stop Loss orders when stocks gap down in price. They don’t always reduce your losses. Reeling from the emotional pain of large losses, I was determined to bounce back and not suffer again. That’s when I discovered […]
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