Option Trading Systems (2024)

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Welcome to Our Option Trading Systems Main Page

There are many option trading systemsout there and the developers of these systems will always tell you thattheirs is the one that will solve your financial problems and give youthe freedom you've dreamed about.

And some of them may be right.

Some option trading systems will tell you that all you need isthe RSI and volume indicators only, together with a few moving averagesand bollinger bands. Others will focus on the ADX or the CCH indicatorsand their systems will focus around that.

Some option trading systems will be simple and involve only goinglong, i.e. 'buying to open' with the objective of selling to close at aprofit within a very short time frame. They will give you all theindicators and chart setups to accomplish this. Others will emphasizelonger term strategies that rely on option time decay.

Some systems willinvolve directional trading, that is, predicting future marketdirection in the short term, while others will teach you about 'deltaneutral trading' and preach strategies such as straddles and strangleswhich can make you a good profit as long as the market makes asignificant move one way or the other.

All the above option trading systems may be great in themselves,but here's the best tip you'll ever get, from someone who's done it all.The most important thing is, find one or more strategies that youunderstand well and that you've had regular success with and just keepdoing it.

Don't allow yourself to get distracted by trying newstrategies using real money, because you've seen the latest DVD or readsome book that tells you how someone made a million with it.

It's really as simple as that.

I remember a time in my trading life when I was using an optiontrading system that really worked for me. I started with about $5,000and within a short time, transformed it into a bank account of over$20,000. I did this using a simple 'buy to open' and 'sell to close'strategy that I had learned from a guy named Kim Reilly, combined with a few straddle trades. I was doing really well.

But then I became impatient. The market I was trading indidn't have the kind of liquidity that allowed me to always take a tradewhen I saw an opportunity. So I decided to switch from trading optionsto trading futures.

At the same time, I was learning about 'ABC swingtrading' according to W.D. Gann and changed the way I analyzed chartpatterns and identified opportunities without fully understanding thecontext in which this system works.

Now, whilst futures are far more liquidthan options, they also involve much greater risk due to the amount ofleverage involved. Unlike option trading, if the trade goes against you, you can lose more than yourinvestment, so the psychology wasn't good for me either.

So many times, Ifound myself stopped out, only to have the stock take off in thedirection I had anticipated in the first place. I lost most of the moneyI had made from my previously successful option trading system.

The point is, you need to stay focused on an option tradingsystem that you feel confident with and that has proven itself to workfor you. Don't allow yourself to be distracted by other systems thatlook great on the surface, but may not be compatible with your tradingstyle or available concentration time - or that you simply may not yetunderstand well enough to implement effectively.

Over 90 percent of trading success is about your own psychology. Unlike a regular "job" you're not getting paid for your time - you're being paid for your decisions.You have to come to grips with this!

If you approach your trading with an "employee mentality" then you'll always feel like you have to be "doing something". Consequently, you'll be in the market at times when you should be out of it; taking trades that you shouldn't.

Your mindset is the critical thing that causes you to make all your tradingdecisions. This is why you must enter the market with confidence,knowing that whatever system you have adopted, you understand it well,have proven to yourself that it works, know the risks and believe thatwith patience and discipline, it will make you a consistent income forthe rest of your life.

If you don't have all this, there are three little words I have for you, right here, right now. DON'T DO IT!

You may have heard the expression "do one thing, do it well".This was never so true as it is when it comes to the matter of tradingthe markets.

In this section we will explore a number of option tradingsystems and related subjects. So ... let's begin . . . just click on anyof the linked items below that may interest you.

Option Trading Systems - Further Reading

1. Option Trading Advisor
A good option trading advisor can make all the difference betweenprofitable trading and a struggle to just stay afloat. This service isone of the best I've found.

2. Option Trading Class reviews. The best option trading class that I have found will open your eyes to what is possible and change the way you see options forever.

3. SuperTraderKim Reilly

4. Stock Option Trading Course

The best type of stock option trading course will show you how totake advantage of the one certainty that comes with options - expirationand time decay.

5. Market Club Review
Ithink you'll find this Market Club Review more than interesting. Thesepeople really seem to have it all together when it comes to providingtraders with the kind of tools which give us that edge in the markets.

6. MarketClub Options
This is a new service introduced by MarketClub specifically for options traders. Trader Travis has used the MarketClub system to consistently profit from options for many years. If you're a directional trader, you can trade along with him.

7. Trading Pro System for traders who want to trade with confidence. This system will change the way you see options forever.

8. Option Swing Trading

Discover a powerful and effective trading strategy that producessafe and consistent profits enhanced by the financial leverage andlimited risk that options provide.

9. Spider Options Trading
Spideroptions trading is a safer alternative to trading company stockoptions. Not only so, but it is one of the most highly tradedderivatives in the world so fills are easy.

10. QQQ Option Trading
OneQQQ option trading strategy involves using a straddle position withnear month expiration, along with 'gamma scalping' techniques to keep itdelta neutral until expiration date.

11. Wealth Building Options Trading
- A much better strategy than dollar cost averaging here.

12. Bottom Fishing Stocks Using Options
Bottomfishing stocks is a term for a stock purchasing strategy which focuseson shares in a company whose stock has taken a large and decisive pricedive accompanied by notably increased volume.

13. Options Trading Training
I've concluded that the kind of options trading training that willallow me to make real and consistent profits, must have a number ofnon-negotiable factors.

14. MarketXfactor
Dave Vallieres' proprietory market indicator which has proven to bedeadly accurate in virtually all market conditions. It is available forThinkorSwim and Tradestation trading platforms. This could be one ofyour most profitable trading allies and great value for money.

15. The Best Options Trading System

This is what the best options trading system I know of hopes toachieve. First, a consistent monthly income stream and second, astrategy for massive market profits.

16. The Winning Trade System
This is a very interesting system created as the sequel to the very popular Trading Pro System series of videos. It analyses options in depth and explores a number of simple but profitable strategies.

17. Short Term Binary Options
Trading short term binary options can be quite an exciting way to make a living. Here we demonstrate trading strategies to successfully trade the 60 second and 5 minute time frames.

18. XTR ProTrader Signals by Tradingology
The XTR ProTrader signals service by David Vallieres would have to be one of the most exciting new services for options traders that I have seen.

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