Tuesday, October 21, 2008

Start Options Trading by Attending A Seminar - Tips on Choosing the Right Course

If you are newbie to the financial world, you may want to attend a 3-4 days seminar as your starter kit. I am an engineer by training, therefore I gain my financial knowledge mostly by reading and learning from the web (there are huge amount of resources from the internet today). But to kick start options trading effectively, I strongly suggest that you go find out the course detail in the market today, attend one of the most suitable seminars for you.

The Options trading seminar are very competitive market nowadays, as Options trading is one of the most popular financial derivative and leverage tool, many people are hunger to learn what Options Trading is.

Why a seminar is important to you?

You can choose to learn the knowledge by reading, but you never get the spirit behind it, you need some one whom is so passionate about options trading and impart this spirit and passion to you. Just like many other newbie out there, we are lack of confidence, and inside your mind you will simply put yourself off by disbelieving the possibility of making money through options trading.

Therefore you need some one to show you and guide you by example, that's the importance part of having a real human teacher/coach.

These are things you may need to do before attending the course:

1. Do market research

Find out who are the players in the market. Do market research with the latest technology - Google! I am sure there are tons of it, my recommendation is that you may just focus on the first page of the search, list them down, and go to there website to find out more about the course details, speaker and etc.

2. Join a forum

People's comment is powerful, you may not believe if some one is saying something bad, but if there are 100 people saying the same thing, you would probably take it as real. Join a forum and find out from other's comment about certain course and certain speaker. At this time you probably have filtered out 5 courses by listening what other are talking about.

3. Attend a handful of preview

After you filter down 3 the most prominent course you like, go for the preview and see what they offer. The most important thing is to find out whether you like that speaker or not. Just like when you study in school, if you do like the teacher, you have higher chance dozing off than the lesson of your preferred teacher, that is something very subjective, simply cannot explain. I would choose not only a good speaker, but a reliable speaker, this probably need some discerning skill. Do not sign up the course immediately, make a comparison of these 3 courses, whether the course fee and the package offer make sense to you.

4. Do the math

Seminar fees can range from few hundred dollars to few thousand dollars, even just for a beginner. It does not mean the most expensive one is always the best. At this part, you need to help yourself by doing the math. Do not sign up something that not affordable to you, do it only when you really have extra money. Nevertheless, most of the courses today are back by money back guarantee, which means that you can take your refund if you are not satisfied with the service they provide.

5. Sign up, make the final decision, go for it with all your hearts and mind

Last portion, after you conclude your choice, sign it up and prepare for your course with all your hearts and mind. Before the course, you are supposed to do some read up so that you have done your part without just relying on the speaker. Nothing is going to happen if you do not participate, therefore you need to ask question, and participate with 100% of your soul and mind.

Never simply think that you will get every thing in the seminar, the speaker only can impart 50% of the knowledge and passion to you, the other 50% is fully under your control and responsibility. Options trading is a journey of life, kick start with a course, and trade with your passion!

You can find more free resources at Options Trading Academy.

I love options trading and I am here to share my humble experiences so that you can be benefited from it. You can find out more from http://optionstradingacademy.blogspot.com/ Always trade with your passion! Cheers!

US Secretary of the Treasury Henry Paulson at a press conference in Washington, DC. The US Federal Reserve has unveiled a new tranche of funding for the beleagured financial system with US$540 billion being injected into money market mutual funds as part of its latest response to the credit crunch.(AFP/Getty Images/File/Brendan Smialowski)AFP - The US Federal Reserve has offered help to troubled money market mutual funds, as governments announced fresh aid to struggling banks amid signs of thawing credit in the money markets.

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