TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

Readings: Basic Options

by Gav

It was a strong morning. And, NQ was running without me. Staying flat for 3 days in a row. uhm... I saw a trend coming, however, I just couldn't find my entry setup. Well, forget it. There are opportunities in the market day in and day out, but they are invisible to me now as I have not learned to recognize them. It takes a pretty long time and effort to build recognition plan and skills.

I received emails asking for information about futures trading. I have yet to have time to write a post on it. For the time being, I have a couple of bloggers who are day trading different futures products and posting their trades online. I will add more later.

  • Edward from Forex and eMini Futures Trading.From what I have read, he is focusing on E-mini Russell 2000 futures trading. Nice trade recap.
  • Boogster from Boogster.com. He is an active mini-sized Dow futures trader. He uses NYSE TICK in his trading frequently. (Man, I hope I have the trading account size like his...:) )
  • St?phane from The Chart Strategist. He is an experienced Futures trader, both index and commodities. He just left a comment at my blog. I am attracted by the way he trades futures. Check out his blog.
  • John from The Essentials of Trading sent me a link to his work on futures trading education, The Essentials of Futures trading. Good job done. Check it out.
I did not waste my time in front of NQ screen. While waiting for the setup, I had almost completed the short course on Options trading from CBOE. Thanks MC from PinoyTrader. Now I have some basic ideas of how does options work. I am planning to look into some strategies and start trading in PaperMoney account to familiar with the trading mechanism. I have just talked to ThinkorSwim, I am pretty happy with what they are offering now. At least, I can papertrade as long as I would love to without any platform charge.Here are some links on basic Options trading
  • CBOE learning center
  • Trading A Stock Versus Stock Options - Part One
  • Trading A Stock Versus Trading Stock Options - Part Two
  • Options Strategies
  • The best time to buy
  • Trading Floor Secret: What is the best strategy for beginner?
    • This is the book I am getting.

    Comments

    Historical comments are preserved here. New comments are closed.

    1. Stephane
      Hi Gav, I have been reading your blog for some time and find it very educational. Very few people undertake such an honest look at their development stages as you do. I am convinced that the way you coach yourself will make you an even better trader very fast. I began my own blog early Jan this year and will post all my discretionary trades as a window into a professional futures trader. Since I saw that you mentioned that some of your readers were interested in Futures trading, I thought that I would send you the link to my blogspot.... Keep up your very good job !! Best, St?phane
    2. Gav
      St?phane, Thanks for your comment. I am really glad to read your blog. Though you have left a little comment for your trades, I can roughly see the way you trade, and I like it a lot! Hope to hear more from you!
    3. Stephane
      Thank you Gav, We will stay in touch for sure. Your blog is certainly an inspiration for my effort at reaching out to the trading community !! Best.
    4. Stephane
      Thank you Gav, We will stay in touch for sure. Your blog is certainly an inspiration for my effort at reaching out to the trading community !! Best.
    5. BBC
      Trader Gav, your drive to clarify results has helped to push me - one result is that I have increased my exercise program to live better with the strains of trading. Your blog is a good example for me. Thank you. Good Luck.
    6. BBC
      Trader Gav, your drive to clarify results has helped to push me - one result is that I have increased my exercise program to live better with the strains of trading. Your blog is a good example for me. Thank you. Good Luck.
    7. John Forman
      Hey Gav, If any of your readers want to learn what futures are all about, I've got a report they can use I actually originally put together for use by one of the big futures brokers. It's available at: http://www.theessentialsoftrading.com/FreeGuide-Futures.html John
    8. John Forman
      Hey Gav, If any of your readers want to learn what futures are all about, I've got a report they can use I actually originally put together for use by one of the big futures brokers. It's available at: http://www.theessentialsoftrading.com/FreeGuide-Futures.html John
    9. Gav
      BBC, Thanks for your comments. Glad to know you have actually gained something from my blog. :) All the best to you. John, Thanks for the link, I have downloaded the PDF. Good job.
    10. Gav
      BBC, Thanks for your comments. Glad to know you have actually gained something from my blog. :) All the best to you. John, Thanks for the link, I have downloaded the PDF. Good job.
    11. Edward
      Gav, Thanks for the mention. I really appreciate seeing your daily progress as it reminds me that I'm not the only one out there pushing to be better. Keep it up! Edward
    12. Edward
      Gav, Thanks for the mention. I really appreciate seeing your daily progress as it reminds me that I'm not the only one out there pushing to be better. Keep it up! Edward
    13. Simply Options Trader
      Gav, Guy Cohen's books are written in a very organized manner and he makes it easy to understand concepts. I'm sure you will enjoy his book.
    14. Simply Options Trader
      Gav, Guy Cohen's books are written in a very organized manner and he makes it easy to understand concepts. I'm sure you will enjoy his book.
    15. Gav
      Simply, I flipped through the book before.Looks good. I think I should be able to learn something from it. Have a great weekend!
    16. Gav
      Simply, I flipped through the book before.Looks good. I think I should be able to learn something from it. Have a great weekend!
    17. Beginning Options Trader
      I'm learning about options trading myself. Here's a useful resource I found... http://basicoptionstrading.com/default.aspx
    18. Beginning Options Trader
      I'm learning about options trading myself. Here's a useful resource I found... http://basicoptionstrading.com/default.aspx

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