New York, NY (PressExposure) January 27, 2009 -- I am pleased to announce the launch of my website, http://www.swing-trading-options.com.
Many people lose money or struggle to succeed with options trading, for two reasons. The first is that they try and trade options as if they were stocks, and secondly, they do not have an underlying strategy which guides the options trading process.
One of the key enemies of option trading is the concept of "Time Decay". Options lose value very fast as the option expiration date approaches. The key to successful options trading is to either minimise the effect of Time Decay, or to use it as a weapon.
Starting with a very simple process of Trend Analysis, the potential of trading naked puts and credits spreads is released, with a potential to gain 15-25% per month, if actively traded. In these strategies, Time Decay is a most effective weapon, not an enemy. Adding a strategy of swing trading opens up possibilities of buying calls and puts as huge potential gainers. The key is that swing trades are designed to have a life span of no more than 10 days. This almost wipes out the danger of Time Decay.
In addition, the swing trading strategy is applied to Forex trading, showing what an effective and flexible strategy it is. For those nervous of plunging into the world of Forex, there are reviews of three autotrading strategies which all have huge profit potential.
One of the biggest opportunities that has arisen with the rise of the internet is the possibility of autotrading options through several online brokers. Four of these brokers are reviewed, along with more than 60 option advisory newsletters. This is a vital resource for those looking for a suitable advisory service.
Swing Trading Options is a site with tons of FREE information about different strategies for trading options, using an underlying swing trading strategy. Designed for beginners, it has much for the experienced trader, including examples of real trades.