San Francisco, CA (PressExposure) March 14, 2009 -- An options trader's ability to be consistently profitable, to think clearly, powerfully and with confidence is determined by how well they understand options terms.
Thomas Vedder never saw it coming. He was doing well trading options as a business from his home - his profits were fairly consistent and he believed he was controlling his risk. But when hit with a series of massive losses, he was stunned - and within days his trading account was decimated.
I thought I was sufficiently educated and knew a lot about trading options profitably". "But", lamented Vedder, "I never imagined the amount of damage my lack of knowledge could cause."
Every year, many options traders go out of business leaving their money to market insiders and a few savvy professional retail traders. And it's no wonder why - scientific studies have proven that the level of vocabulary that one understands within any discipline, directly determines if one will be a success or a failure. And it's no different with options trading - those who master the language of options trading have a decisive advantage over those who don't.
But a new software application has been developed by TradingOptionsLab.com that guarantees that any options trader will be able to learn the language of options trading to total mastery. This free software application is called "Options Lexis" and it is a Microsoft Windows application that comes with a learning library file which permits a user to learn over 380 options terms quickly.
According to William Piracci, Managing Director of Trading Options Lab, "We noticed that there is a great difference between the language of successful traders and those that remain unsuccessful." He continued by saying, "The Options Lexis learning application is designed to assist all options traders, regardless of experience level, to be able to level the knowledge and profit divide between market makers and average retail investors that consistently lose money. I can tell you this with complete certainty -- if one uses the Options Lexis application on a regular basis they will speak the language of options".
For more information on how to secure a free copy of Options Lexis, visit http://www.tradingoptionslab.com/blog