P.O. Box 6586
Lake Tahoe,
NV 89449
Phone: (800)407-2422
Fax: (775)588-8481 Email Us
Institute For Options Research,
Inc.
The
Institute for Options Research, Inc. Web Site is rich with resources
for serious options traders. Home of Ken Trester's Option Master, Put
and Call Tactician and The Complete Option Player. Free options trading
advice, information and newsletter service. We publish software, books,
video and audio home study courses and newsletters on stock, index and
commodity options. (From Ken Trester, nationally renowned options expert.)
We highly recommend the Put
& Call Tactician! In fact, we are so confident that you will find
this resource useful - we are offering a free
2 week trial subscription. If you are serious about learning how to
make money with options, you will definitely want to check out Ken's option
trading software (Option Master and the Push Button Pro), books
and videos as well.
Do not miss the our newest product, the Push-Button Suite for instant option recomendations and analysis at the touch of a button!
Buy cheap, underpriced options
(our pricing tables show you how to find the underpriced options).
Don't go overboard; play the
options game with a small portion of your investment money, a speculative
cash pool that you can put at risk and still sleep at night.
Beware of high expectations;
if you expect to make big money immediately, you're in for trouble.
Have a game plan; plan to buy
a certain number of options every month, invest in calls and puts, buy
only cheap, underpriced options that are close to their strike price,
buy options that have plenty of time left in them, consider other pricing
factors (supply and demand, liquidity, interest rates) when you can.
Try playing on paper first; get a feeling for what
can happen before you put your money and your adrenaline levels on the
line.
You can get started without much cash, as little
as $300 - $500, if you have a good game plan and you stick to it.
Learn and remember the basic rules of probability
(we cover them); our system will still produce losing streaks and you
have to be psychologically prepared to deal with that.
Not glamorous or filled with glowing promises, but it
makes sense in light of what most options investors have learned the hard
way.
If you're new to spread betting, then you may head to a website and start
scratching your head once you've set up an account. The various charts
and tables, spreads, margins and differing stocks are all obstacles that
the beginner should have some understanding of before putting their money
down and it's rarely as easy as you first thought it might be.
If you're looking to open a spread betting account, but would like some
advice on how you should start out, then this article has some tips:
Learn the Ropes Properly
Taking to spread betting as a rookie and placing a few thousand on the
first thing you see will more than likely get you stung very seriously.
Before starting, make absolutely sure you understand the implications
of spread betting and how it works, including how much you can lose along
with how much you stand to win. Companies such as Tradefair offer spread
betting demo accounts that you can place dummy bets on until you're confident
to go in with real money.
Limit Your Portfolio
Unlike stock market investing, spread betting is speculative and difficult
to predict and profit from over the long term. It's important that you
don't get carried away and spread bet your pension. Short term gain is
often good to go for within your portfolio, but you should never use more
than 20% of your total investments for this end you'll sleep a
lot easier.
Start Slow
Betting on changes in the UK FTSE 100 is a good place to begin, while
blue chip companies can also be good as they are more liquid. The US Dow
Jones Industrial Average and Foreign Exchange is too generally too volatile
for beginners, and emerging markets and commodities are particularly rocky
at the moment.
Don't Average Down
If the stock market moves against you, cut your losses and move on
never increase your position. You can, however, increase your position
if the market is with you.
Minimising Losses
When placing a bet make sure you consider the various risk management
tools available to you. Using tools such as a stop loss or limit order
will benefit you should the market move against you. Most trading platforms
have wide ranging risk management tools to help you check all of
them out and see how they fit in with your trading.
Be Patient
People who trade in the stock market rarely make a profit straight away.
It takes experience and technique to become adept in the stock market,
and no one can claim to be the master of it even Warren Buffet!
Initially, be strict with yourself and bank any small profit and work
out a strategy rather than hedging your winnings on further bets.
Special Feature:
NEW!
Sure Bet
Investing
$18.95
In this book, Ken uses his expertise and 30+ years
of trading experience to help you find the sure thing,
not with intuition or preditions, but based on math and science.
In this 336 page book, Ken condenses his options expertise and 30 years
of extensive trading experience into 101 concise secrets that can help
any investor to maximize their gains.