Start an Online Trading Business with Options
Most people of heard the concept of”trading as a business”. You’ve heard the expression maybe so many times that it has become insignificant to you. Well it’s time to take a fresh look at the concept of starting an online trading business and this time with options.
Options offer us an opportunity to start with small capital. Options also allow us to gain experience by trading in many different instruments at once therefore increasing our learning curve. How is that? Options offer you leverage. You’ll need have to put up a small amount of capital in order to participate in a large amount of stock shares versus trading the stock itself. You can trade more therefore you can get better at trading more quickly, Granted you have a trading plan and use small position sizes.
And when you by calls buy puts your risk is limited to the amount of money you put in that option only. So you can control your risk more. Position sizing correctly will be a critical component to your long-term success in options.
The key in setting up your own online trading business with options is to have a “business operations manual”.
If you’ve ever owned a franchise you’ll know that you receive an Business operations manual. A franchise has its system. It’s a duplicatable system. Their system puts you in a high probability for success. Notice that franchises don’t guarantee you success because that’s not how life works. The same applies with a trading system. A trading system can put you in a high probability position for success but nothing in life is guaranteed. I have to say this because to correct a lot of bad marketing in the past by bad trading marketers has gotten people thinking in the wrong ways.
Owning your own online trading business can be one of the most financially rewarding and time rewarding businesses there are. The problem is most people do not take an online trading business seriously. They think because so little time is required that they don’t have to treat the little time they do put in as super serious. So they get distracted and they simply leave potential six, seven, eight, nine, 10 figures… on the table.
Wealth is built in status over time.
If you start with step one and start building now, potentially, when you treat training in a business like, serious way, and be very systematic with it, coldly systematic then you could potentially grow a massive fortune overtime improper compounding of option in combination with very solid trading system.
So by obtaining your own business operations manual which is a options trading system in this case you can get a blueprint for your trading business that could apply for decades to come. When you use a system that is built upon the fundamental laws of price action, the Price action depicted on price charts, carefully tied in with”Human DNA”, core human behavior and you have a system that can stand the test of time. We aim to make those such systems here at OptionsWeeklyPaychecks.com
For example what if we use a solid options trading system that could produce 40 options points of profit a year.
These are options profit points not stock profit points. If we could do that on a consistent average then if we traded 10 contracts that would be $40,000 a year (We’re not considering compounding at this point yet). A good options trading system can usually produce such a return on a stock at around $100 per share range. For a swing trading system the average options price would be about $400 a contract.
So if we trade 10 contracts it would cost us $4000 to purchase that position each time. And for such a position size and account value of $100,000 would be considered prudent with a proven trading system in addition to you being proven at that trading system. If you would’ve purchased the stock it would’ve cost me $100,000 anyways. And for those of you with smaller accounts you just simply need to adjust your position size or except the risk that comes with trading too large which can often cause excessive losses. But since you’re talking about starting an online trading business in a real way you want to keep your money management position sizing smart.
So we can make $40,000 a year on $100,000 that’s a 40% return. Now when you use our money management system you’ll be compounding options properly so that $40,000 could be much larger. Now thinking in simple terms without compounding our position size, a 40% return year after year is massive. But who doesn’t want to compound?! Just taking the 40% a year compounded means that the next year we could use four more contract for trade for 14. In the next year after we make $56,000, granted a consistent return. Now we would be up to $196,000. Then we can use 19 contracts for trade. If we kept up with the same 40% return we would make $78,400 for the year. Now we would be up to $274,400 in our trading accounts. See how this grows? But by compounding in real-time your returns can potential he be much greater. We show you how to do this in our courses.
So in summary an online trading business cannot only be a cash generation machine but also a networth builder as well.
In contrast to later franchise, such as a franchise restaurant not only can you make potentially a lot more money, you don’t have the headaches of a traditional franchise retail chain store, liability or have to be on call for that business 24 seven. Also you don’t have to put up several hundred thousand dollars to several million dollars to start trading business online as you would a franchise. Plus, with a trading system such as an Options Weekly Paychecks style trading system your maximum work requirement could be from a few minutes a day to A few hours per week! And even though the time commitment is small, If you take your online trading business seriously, then it could potentially be better than any other business you could start online.