DAY TRADING OPTIONS
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491_9781801116640
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Options buying and selling is a funding vehicle that could bring good-sized returns while completed with care. To start studying some fundamentals of options trading, you have first to know what options are and the way to exchange options. And this guide has already executed justice to that. Options trading might seem like a new concept, but its actually been around for a long time. It is believed that the first person to ever trade options was a man named Thales. Back in 332 BC, Thales made a fortune by buying the rights to purchase olive before harvest. The first instance of options trading 332 BC. Aristotle writes about Thales in his writing Politics, which he wrote in 332 BC. It sounds incredible that humans would have used the concept of options - trading the rights to assets without purchasing the assets themselves - so far back in the past, but it is indeed true. Thales was a smart man. What he did was observe the patterns of the weather and the stars, and then predicted a big olive harvest in the near future. A brilliant plan formed in his mind. He decided to use a small amount of money to secure the rights to all olive presses in the area. So, you can say that this was a call option with the underlying assets being olive presses. His prediction turned out to be correct, and the harvest was bountiful. He then proceeded to sell his rights to those who needed them and made a huge fortune for himself in the process. This book covers: The Opportunity of Option TradingWho Is This Book for?Why to Trade OptionsOptions the BasicsWhat Is an Options Contract?Call and Put Options Derivative ContractsOptions Are a Flexible ToolTrading PsychologyTools and PlatformsCommon Beginners MistakesNext Steps: How to Continue On the WayBuild Your Trading JourneyAnd Much More...You have enough expertise and enjoy concerning the basics of options buying and selling earlier than embarking in this hazardous form of investment. They may be a terrific trader in case you understand how
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