Tuesday, September 29, 2009

[TheOptionClub.com] SpreadTrading Training

 

Hey guys
I have done the classes and watched the videos from JeffreyZiegler's options site. That has helped me get a good starting point for credit spread trading. I am now paper trading that and starting to learn more and more.

I started to think that maybe another course or book on the same subject would be good. Option University is out because the costs and they spam me everyday with different things. Secondly, I think it is a bit deeper than I really want to go. I am more interested in vertical spreads as a style and nothing too complex - I just do not see complex trading as a need for earning a modest monthly return.

One thing I liked about the intro videos from optionclub is this manage your business by the numbers (the greeks). Jeff does not mention anything about managing by the greeks and Chris mentioned that a lot. Is there a lot of value I would get from buying Chris' courses and watching his videos or is it going to be the same stuff as Jeff's but with different voice and words?

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The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

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