The Quick And Easy Way To Succeed In Options Day Trading

Learn how you can make extra income each day by day trading stock options

What you'll learn

How to set up your screens for day trading. My course is optimized for the 'Think Or Swim' trading software, but concepts can be applied to any trading software

How to add specific indicators to your charts, and understanding how each indicator works on its' own and in conjunction with others

How to interpret the difference between Japanese and Heiken-Ashi candlesticks, and how you can combine the two styles of candlesticks for trend identification

How to "connect the dots" between multiple time frames, indicators and candlestick patterns to give you a better "big picture" view of the market's direction

How to have realistic P&L expectations based on the amount of options contracts you buy

Requirements

A basic knowledge of options is required. You don't need to be a professional trader, but you should already have a basic knowledge of how options trading works. The scope of this course is focused on the technical setup of your screens, charts and indicators, in order to give you the best chance of success for day trading.

Description

Get ready to FIRE YOUR BOSS, take the power back, and learn how to make a living by day trading stock options.In this condensed version of my full-length 'complete options day trading' course, I'll teach you the basics of how to set up your main screen and external monitors, how to configure specific study sets, I'll explain the difference between Japanese and Heiken-Ashi candlesticks, and we'll take a deep dive into the three most important indicators I use while day trading. I'll also explain how choosing specific options expiration dates and strike prices can impact your trades.Last but not least I'll explain the very important visual skill of 'seeing the charts as art', and provide some real-life examples of these patters as they develop throughout the day. You'll see how being able to identify valid candlestick chart patterns can dramatically improve your trading. This course is suitable for all levels. If you're a complete beginner with absolutely no knowledge of how the stock market or options trading works, you might get lost during certain parts of the course—but anyone with a basic knowledge of options and beyond can learn a lot from this course. I hope to teach you soon!

Overview

Section 1: Practical considerations before trading

Lecture 1 Introduction

Lecture 2 The "big picture"

Lecture 3 The strategy

Lecture 4 Realistic P&L expectations

Lecture 5 Hardware and Software

Lecture 6 Home Office / Trading Space

Section 2: How to set up your screens and configure study sets

Lecture 7 Setting up your main screen

Lecture 8 Setting up your external monitor

Lecture 9 How to configure study sets

Lecture 10 Study sets deep dive

Section 3: All About Indicators

Lecture 11 Indicator deep dive: The Alligator

Lecture 12 Indicator deep dive: The MACD

Lecture 13 Indicator deep dive: The RSI

Section 4: Understanding candlesticks, option prices and expiration dates

Lecture 14 Japanese vs. Heiken-Ashi candlesticks

Lecture 15 Understanding expiration dates and strike prices

Lecture 16 Understanding the pricing of options

Lecture 17 Seeing the charts as art

Lecture 18 Thank you!

This course is for anyone with a basic knowledge of options trading who wants to learn my unique DAY TRADING strategy (not long-term investing or swing trading), which relies on combining specific time-frames, indicators and candlestick patterns in order to identify trends in price action.