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I want to make some money trading options, where could I start in this economic crisis?

I want to start making money by trading options starting off with a small £100. I want to do all my trades using 50% trading margin to try and maximise all potential profits. Where would you sujest I start at in our times of financial crisis?

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4 Responses to “I want to make some money trading options, where could I start in this economic crisis?”

  1. NotEckyBoy said:

    As capitalism has just collapsed, this may not be the ideal time to start such a venture.

    50% margin eh? …. I like your style!

  2. phil n said:

    rather then throwing your money away in option trading, may i suggest giving it to charity. it’ll still be zero at the end of the venture

    with a 50% margin target, it sounds like you want a get rich quick scheme but get rich quick schemes are more like get poor quick schemes.if investing in options was so easy, every one would do it and every one would be filthy rich. instead as the current economic crisis shows, it’s mostly bad.

    edit – maybe bernie madoff could help you reach a 50% margin

  3. Jim Z said:

    Options are an excellent way to make money. BUT did you know that 85% of options players lose? Do you fully understand options? Before you invest in options, buy a book and understand how puts and calls work. Remember, your risk increases substantially, you are running against the clock. You will need a strategy, and a full understanding of each company that you buy the option in. Good luck. If you play options, make sure you have a full understanding of Bollinger Bands, MacD, and Stochastic. If you understand these, and have a strategy, you will do great, but you won’t bat 1000.

  4. Jon F said:

    There is a fantastic and inspirational guy in Australia who teaches how to trade options and day trade successfully. He has members from all over the world and has great results.

    This is from his website:

    “Hello, I’m Bill Stacy. I teach a unique method of day trading Australian Options which is designed to free you from the tyranny of having to go to a job to earn money.

    My aim is to promote you into a lifestyle of simple and potentially massive trading income from the comfort of your home or any location you chose. All you need is the skill (as taught by Bill Stacy) a laptop, a high speed internet connection and a few hours on the days you choose to trade).

    If you’re sick and tired of going to “work” to earn a living let me show you how I spend a few hours a week to make up to $10,000 a week (average for most traders is between $2,000-$5,000 per week) then you need to examine my method very closely as it might just be what you’ve been looking for”

    Check out his website here: http://www.master-review-edge.com/oneday




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