You do need a realistic knowledge of the marketplace to evaluate the current market information on hand and that is only part of what is needed to win at trading.
Afterwards, you will be able to place numerous time tested and proven different educated trading theories and option strategies as to what the outcome should be in the future for your own profits.
Trading is not an exact science and you will have some losses.Please understand, that is part of trading and you better believe it 100%.
My past trading knowledge comes from personal experience of trading actually hundreds of thousands of US dollars plus of my own money personally within the US financial marketplace.
So you know, a super trade to me is any trade that offers six figures or more profit within a 60-90 day period from a series of short term aggressive trades within the same sector.
If you are seriously conservative and scared to risk your money within different options markets, you really should not consider even trading options as it can be a fast pace market at times that needs a certain amount of attention and risk on your end for success.
I am not saying you need to be chained to your computer as most of your trades should take a time period of three days to 45 days or longer to complete.
The trick is to compound your profits weekly and monthly via my low risk option strategies. The only way around this not paying real close attention part is to buy longer term leap options that you can check on occasionally about twice a week at a minimum.
If you can not do at least that much, stay out of this option trading game or you will most likely lose.
For my conservative friends, very safe place to place excess money is in any MM (Money Market) fund backed by 100% US treasury bills.
These obligations use to be considered to be one of the most secure forms of investment in terms of safety in all kinds of wild markets and are liquid which means you can liquidate them as needed.
However, with the US Dollar dropping like a rock in water, they are still safe, just not a solid as before 2007 hit.
The US Financial Crisis of 2007 is an e-book you can find at the end of this article that can make you a better trader and can educate you on how to find new trend after new trend to profit seriously big.
