EP 129: You Can Change Your Financial Future with Options Trading

Many people are looking to learn how to trade options... but why should YOU?

Traditional investing allows you to make money when the stock goes higher. You buy low, sell high.

But what happens if the stock doesn't go higher? 

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The market moves in three directions: up, down, and sideways.

Options trading gives you the strategies you need to take advantage of the other movement directions in the market. 

You should be able to make money in any market condition. When you are able to do this, you are more confident about your investment plan. This can breed excitement for your investing because you know you're able to supplement your income with your trading.

In 2022, a lot of factors led to the market taking a nose dive. If your game plan is to just sit and wait for the stocks to rise again, that's fine. 

BUT if you are looking to diversify your trading and take advantage of market movements, this could be for you.

"Isn't options trading risky?" you may ask. It's dangerous... it's like gambling. 

If you're not familiar with the ins and outs, it may seem that way. Consider thinking about them like the insurance you purchase for your car each month. 

We purchase insurance for protection. Having insurance is considered a smart move, not a risky one. When we need it, the money is there for us to use and to repair or purchase a new car. 

And we can use them as "insurance" for our investment accounts. These strategies can help to protect your account when the stocks are falling. 

Check out our Stock Options Starter Pack PDF download and get started on your journey today to learning more about options.

We can use options trading: 

-to provide additional monthly income

-to protect your account

-to diversify your investments to make money now

They are not something to be worried about unless you don't know the strategies. Learn the strategies and change the way you see options.