|
As you can imagine, we talk to many people about learning to trade options. They contact us, we present on webinars and chat it up with 'one on one' sessions. Emails fly back and forth, answering the countless questions presented us. Many of our prospects have taken courses in the past but are still unable to execute consistent, winning trades.
I applaud those who do their homework and check into the viability of options trading. I also commend those who consider whether we are the ones they should be associated with or not. Learning to trade can be a big step and if done right, the process opens up a new world to those who are successful. Conversely, an ugly negative experience will likely turn anyone off this endeavor forever.
Like anything, we welcome your questions and interest but at the same time, there comes a point when you need to make a decision: is options trading and/or our methodology for you? At some point, you will need to either take the plunge or move on, lest you continue in your search and suffer from information overload. In trading, we also refer to it as analysis paralysis, whereby so much information is absorbed that you simply cannot make a decision.
How do you know when it's right to join? When you have your major questions answered to your satisfaction, you should be prime to take the next steps, not necessarily in this order:
1) join the Inner Circle. This gets you 'in the loop' with what we do.
2) contact Hugh for a brief 'one on one' chat to see where to start.
3) join Live Trading and/or Launch Pad.
All this, within a very short period of time - and money - you will quickly recognize whether our system compliments your style of learning and trading. It is impossible to spend a lot of money without making that determination.
And if we are not the 'right fit', never a problem. We always wish all our contacts the very best in their trading.
Contact us to see if we're 'the right fit'.
~ Dale
|
|
Enter a trade or not enter a trade?
Dale mentions analysis paralysis in her article above, yet the same holds true for entering trades as well.
Collecting data is vital to good trading but too much waiting can also be crippling. Many traders suffer from this illusion that you need to know every single detail about the trade before engaging in it. That is simply not true. Do your due diligence, check your various indicators and tools and then jump in. Not in haste but not in waste either; time is money and if you enter a position too late, you could be tasting the end of a trend.
Knowing when to enter - and exit - comes with experience and training. We provide both, stepping you up bit by bit until you become confident with the trade at hand.
Conversely, do not enter simply because you feel the need. Only place trades when there is a compelling reason to enter. Remember, it's always better to not be in a trade wishing you were, than to be in a trade wishing you weren't.
~ Hugh
|
|
Turn Up The Heat
This is where I twist your arm.
I've had several people of late express regret that they did not properly learn all they needed to trade consistently. I tell so many folks, "Take the training! Even if you know most of the material, there may be one small kernel of information holding you back or causing some concern." It's a small price to pay for a bank of knowledge you will possess and apply a lifetime!
~ Hugh
|