OPTION TRADING PROCESS FOLLOWED AT ALPHA TRADING
Understand the Macro Stock Market Environment. Analyse the Trend, Trading Checklist.
This is the starting step and first process in options trading.
Gather enough information with the Tools that are taught in the class.
This takes the time to master and over a period of time one will have right ideas about the tools.
After we gather all the facts, brainstorm the right strategy.
This is the most important part when one has to decide which is the option strategy which one has to narrow down to. When the entry should be made. How the options would be adjusted with proper Greek guidance. Finally getting out of the trade.
Final Execution of the Idea. Managing the Trade with Greeks.
You don’t have to sit in front of the system all day long. Having a glance at the Greeks in the morning and evening would get your job done. This can be done with your day job this is the most important aspect of options trading.
Closing & Booking Profits
Exiting the trade at the Right time is equally important. Cheers!
Finally, when is the right time to exit the trade and book profit which is the most important aspect.
Over To You
The Only Option Trading Process Resources You Will Ever Need
We ask all the students to strictly follow this process so that they can get the best out of their trades. Options Trading is a long process and it takes the time to master.
You would be pleased to know that we are going to start Optionpreneur Podcast Series very soon.
Until you are very well-versed with the options trading and screening and implementing of options trading does not come to you automatically the above process is very important.
This ensures that you do not miss out on any important aspect that could lead you to better results.
Take out every word that doesn’t contribute something new.
Come back here and tell us about the before-and-after. I bet you’ll have something to say!
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Also published on Medium.