Trading In Stock Options | Ramblings of an e-trader

Sunday, 22 February 2009

Trading In Stock Options

If you have been following my blog, you would have read about the drastic cuts in bank interest rates. Well, what could we expect with the global recession upon us? I guess the government wants us to spend our money and not keep them in the bank with the logical thinking that since bank interest rates are so low, we could get better returns investing the money elsewhere.

That is what my friend is doing. He told me that he has started to trade in options and has seen some profits. Perhaps it's beginner's luck, perhaps it's the hours he put in learning about stock options trading.

I should have followed suit since I have known for months now that I could read up on trading in stock options from Power Options. They have lessons for trading newbies just like my friend, and even for people who have not started trading yet, just like me.

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