There are plenty of coaches and gurus encouraging people to get into options trading.
While the prospect seems like a great opportunity to earn flexible income, is it legit?
With so many online courses and YouTube videos promising incredible results, it can be difficult to know where to start.
Can you make money with options trading?
Keep reading to find out why the answer is yes, and how David Jaffee of BestStockStrategy.com can help you reach your goals.
Can you make money with options trading on your own?
Plenty of successful options traders get started on their own, learning as they go and correcting their mistakes along the way. In fact, putting in the time and dedication to learn about options trading is a good thing.
David Jaffee is proof that you can learn to trade options on your own and be successful. He details his path from the Ivy League to investment banking to options trading on his blog on BestStockStrategy.com.
While you certainly can make money on options trading by going it alone, success may come at a slower rate. You are likely to make many errors as you learn, which could result in the loss of money or time.
What percentage of options traders make money?
Well, the best way to make money with options is by learning the best options trading strategy.
David Jaffee has found that a personal commitment to growing and improving is important, whether you are new to options trading or a seasoned pro.
Fortunately, there are other ways to gain important knowledge, prevent big mistakes, and streamline your path to making money.
If traders are too aggressive, or trade the wrong strategy, then it's possible for them to lose money.
Can you make money on options trading to live off of?
Many will ask, “Can I make a living trading options?”
While some people want to add to their existing income, others want the financial freedom that comes from being your own boss.
Options trading provides opportunities for both.
David Jaffee was able to leave his career in investment banking and learn how to sell option premium and trade options..
If you want to know how to profit from options trading, you have to dedicate time and attention to learning and practicing. The best way to make money with options is to treat it like a job.
Hone your skills, learn from the best, and put your knowledge to good use. Don’t be swayed by empty promises and clickbait courses. You can make big money trading options, but it won’t happen immediately.
Can you make money with options trading by taking an online course?
Yes, you can absolutely make money trading options by learning from an online course. Just make sure you pick the right online options trading course.
There are plenty of options trading courses that make empty promises and set unrealistic expectations. Avoid courses that promise to make you a millionaire in no time at all or offer a “shortcut to success.”
The best option strategy to make money can be found at BestStockStrategy.com.
David Jaffee offers a comprehensive online options trading course. In 12 lessons, he breaks down the best strategy to trade options in a way that benefits all experience levels.
Students who take David Jaffee’s options trading course can learn how to win almost every trade.
More than 1,500 students have completed David Jaffee’s online options trading course through BestStockStrategy.com.
Real students have left real reviews sharing the real benefits they received from taking David Jaffee’s options trading course.
Can you make money on options trading by following trade alerts?
In addition to his online course, David Jaffee offers real-time trade alerts. Students can make money with options trading by following David Jaffee’s exact trades.
Trade alerts from David Jaffee provide instant information to help you learn how to trade successfully and profitably. You will quickly learn how to make money trading weekly options by subscribing.
Traders who follow David Jaffee’s trade alerts win up to 98% of all trades.
By following David Jaffee, a legitimate options trading coach, you get more than empty words. Beginner traders can learn the ropes while expert traders can take their profits to the next level.
Can you make money on options trading by trusting David Jaffee?
With so many scammers and fake gurus in the world of options trading, who can you really trust?
David Jaffee shares the trades that he sends to his option trade alerts students on YouTube. He believes that students should be able to win ~95%+ of their trades.
You will not find overnight success with David Jaffee.
Instead, you will learn how to make money with options trading with a proven strategy.
David Jaffee combines his background in finance with extensive experience trading options. He distills the information into an easy-to-understand format that any trader can learn from.
So, can you make money with options trading?
If you follow David Jaffee’s options trading strategy, you'll learn the best strategy that will give you a great chance to be consistently profitable.
Frequently Asked Questions (FAQs)
Can you make money with options trading?
Yes, in general, the best way to be consistently profitable is to sell options, while buying puts and calls at market extremes to reduce portfolio volatility and enhance returns.
How much do options traders make?
Option traders should target a 3% monthly return. Those who strive to earn more also assume more risk and may end up losing money.
Is option trading a good career?
I believe that option trading is a good way to earn supplemental income, it's a great way to enhance your existing income. But, I probably wouldn't recommend trading exclusively as your sole form of income because it's risky.
How long does it take to learn options trading?
You can learn how to trade in just two weeks by enrolling in the best options trading education course at https://beststockstrategy.com/memberships
How to get rich trading options?
It's best to try to target a 3% monthly return. Targeting significantly higher returns will increase your risk and could lead to losses.