Your strategies are too advanced for many of us newbies. Could you limit the trades using only very simple strategies?

Answer

Yes, some of the trades may be too complex for beginners. But please understand, the general investing public views my website, primarily I believe by options traders and stock investors who wish to learn more about options trading at different levels of learning. The options trading skill levels of viewers may vary widely from those who are very fresh out of school to those who are already in advanced stages of learning, to those who already know how to trade and just need some hands-on experience.

That's the reason why I'm using various trading strategies, from the very simple buying of calls/puts (mostly calls) for the very basic beginners to the more advanced systems of selling covered calls and covered puts. I will also be including credit spread trades for those who want to start learning or practicing this strategy. Of course, there will also be many trades on roll-outs as they become necessary in support of current actual trades.

I suggest that beginners confine themselves to following those trades that they understand well and slowly move on to the more complex trades as they increase their trading skill levels. Actual practice is the best teacher in the field of options trading. Unless you do real trading, it will be difficult to master the skill of options trading.

I will always trade different strategies for the benefit of followers at different learning levels.

Updated on May 30, 2018

Original Article:

This is How I Trade Stock Options (Follow My Actual Trades)
By Daniel Mollat
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