I've been hearing quite a bit about this over the past year and this site caught my eye. I often wonder if they are real trades or if sites like this just play on the market like fantasy football sites.
http://bloombex-options.com/
Seems pretty easy to dump $25 in and in 60 seconds earn (or loose). lol!
I trade in options daily. I did hundreds and I mean hundreds of trades in 2014, mainly covered transactions
It's not as easy as one thinks.
I do not recommend it if you don't have the financial background / mindset and the stomach for it.
Never tried it before. Just seemed interesting because in 60 seconds you could have a gain, or loss, and cash in. Wasn't sure if that is typical of online trading. Usually you have to buy full stocks at their price.
(02-26-2015, 02:58 AM)Admin Wrote: [ -> ] Usually you have to buy full stocks at their price.
That's what I do and then sell the call. You don't make or lose that much, the worse case is you own the stock. I do around the dividend payout. I get the dividend, money on the call and usually make 5 /6 % or more on my investment during that short time frame.
I just checked, I did about 400 trades in 2014.
5 or 6% is a better return than I'm getting at my bank
Yeah, that is better than a bank!
That 5/6 % is over a 3 month span. The yearly return is much much higher. Buying the stock and selling the call is much safer. You don't want to get called and not have the stock.
(03-04-2015, 04:33 AM)Parkster Wrote: [ -> ]I like the sound of this
Me too.
I think I'm going to watch some of the tutorials, just to see if I can understand it.