I started with stock trading 3 years ago before I move to option. I don't know what is option until I came across several ads in the newspaper in Malaysia. There were not many ads last time compared to now. Being curious, I start doing some research thru internet. I got basic understanding of what option is thru FREE info out there in the internet. The more I read, the more I get confuse. There are plenty of option strategies available but I don't know which one to choose. I don't know which one suit my trading style. And to make it worst, I don't know how to use and execute it!!!
This is why I decided to find someone who could guide me thru this mess. When I saw the ads in the local newspaper, I quickly called them up to reserve a seat for their preview session that will be held in Penang (town where I live). I actually attended 3 of the preview session from 3 differents providers. Some sent the representative and some has the guru himself presenting the slide. They showed you how you could make money from option & why option is better than stock. At the end of the session, they will reveal the content of the course that they are offering and the cost that you need to pay.
After gone thru 3 preview sessions, I decided to enroll for 5 days option course for beginners. The fees was USD800.00. This is the cheapest deal I got compared to the other two. Besides, the course will be held in Penang. Normally the class will be held in Kuala Lumpur (the capitol city of Malaysia) about 300 km from Penang. This is a good deal for the poor guy like me as I can save on my travelling & lodging cost.
Here are what I have learned after 5 days:
(1) Basic option - this is very important.
(2) Several option strategies recommended by this guru.
(3) Fund management.
(4) How to execute & monitor your order.
(5) Live online option trading.
If you wanna know which guru conducted the class, just shot me the email.
Saturday, November 25, 2006
Hello for the very first time...
Howdy! Start my greeting in Texan stlye. Just got back from Austin, Texas last week on my business trip with my current company that I work with for the past ten years and I'm still now. That's all about my fulltime job. I'm not gonna talk about it no more.
My main objective of setting up this blog is to share my experiences & learn with everyone who has same interest. I love reading blog & always wanted to have my own blog. It took me a long while before I decided have one. I don't want to have it just because everyone else has one. I told myself that, I must have something valuable to share with everyone out there in exchange with their valuable time spend reading my blog. For internet marketer, this might sound very basic. But for me, this is my basic principle that I'll uphold.
Why "Poor Option Trader"? Because this is where I was 2 years ago. I started my first real option trading with only USD100.00 in my brokerage account. That is the money left after I paid USD800.00 to attend one week option trading course in Malaysia (this is where I live in). So, basically I started with USD1,000 initial investment. And this is a big buck for the poor guy like me!!! But I need to start somewhere. This is very important. I can have a well engineered plan but will bring no good if I'm not making any move. So to get the ball rolling, I need to start even with shoestring budget!
And today, after 2 years with only USD100.00 as my initial capital, I'm now have USD5468.32 in the same account. Which mean, I have made 5468.32% of profit in 2 years. And this did not come without any sweat. With very tight budget, I need to manage fund properly. This is why I choose option and not stock. To play stock, you definitely need more fund compare to option. I also need to find online broker that could offer the best package for the poor guy like me.
That's all for now folks. I'll share more tips in my next post.....stay tuned.
My main objective of setting up this blog is to share my experiences & learn with everyone who has same interest. I love reading blog & always wanted to have my own blog. It took me a long while before I decided have one. I don't want to have it just because everyone else has one. I told myself that, I must have something valuable to share with everyone out there in exchange with their valuable time spend reading my blog. For internet marketer, this might sound very basic. But for me, this is my basic principle that I'll uphold.
Why "Poor Option Trader"? Because this is where I was 2 years ago. I started my first real option trading with only USD100.00 in my brokerage account. That is the money left after I paid USD800.00 to attend one week option trading course in Malaysia (this is where I live in). So, basically I started with USD1,000 initial investment. And this is a big buck for the poor guy like me!!! But I need to start somewhere. This is very important. I can have a well engineered plan but will bring no good if I'm not making any move. So to get the ball rolling, I need to start even with shoestring budget!
And today, after 2 years with only USD100.00 as my initial capital, I'm now have USD5468.32 in the same account. Which mean, I have made 5468.32% of profit in 2 years. And this did not come without any sweat. With very tight budget, I need to manage fund properly. This is why I choose option and not stock. To play stock, you definitely need more fund compare to option. I also need to find online broker that could offer the best package for the poor guy like me.
That's all for now folks. I'll share more tips in my next post.....stay tuned.
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