If you’ve never traded futures options before, then you have absolutely no idea how much risk you’re getting yourself into. One little slip and you could lose a lot of money in a matter of seconds. This quiz will show you exactly what kind of risk you’re getting yourself into when you trade futures options and by taking it you’ll have a much better idea as to whether or not futures options trading is right for you. Don’t just take my word for it, because that’s just silly.
One aspect of futures and options is the price you pay. When you think about an underlying security, you have to factor in the cost of buying that security. You have to factor in the cost of selling that security as well. You need to figure in costs for using margin and commissions to any brokerage firm you use. All these things add up and before you know it, you could be trading futures options for cash, rather than carrying a futures account.
Another aspect of futures options trading is the fact that you can take two or more positions at the same time. Once you learn this, you may start thinking in advance about how you can double up on one position and even triple your initial investment. That’s why futures options trading is fun to do; it’s like playing the stock market, except instead of buying and holding shares in a company, you’re trading an option on that company.
As a result, you don’t have to worry about quarterly profits, inventory requirements and quarterly taxes, among other things. You don’t have to worry about making payroll, filing income taxes, etc. What’s more, with futures options trading, if you’re ever unable to fulfill your obligations for your customers or for your duties as a broker or trader, you can just choose not to perform your duties and wait for their actions to be resolved. It’s a great alternative to a career as a stockbroker or a futures options trader.
Now that you understand the basics, how can you take my advanced futures and options quiz for me and see how much fun it can be? If you’re in the market for a new brokerage account or want to move your money into the financial markets but don’t know where to begin, take my advanced futures and options quiz for me. Here you’ll receive a number of questions designed to test your knowledge of financial market basics. For example, you’ll be asked to predict how long oil stocks will remain below current prices. You’ll also be asked how far in the future the price of gold will go. And finally, you’ll get a chance to predict how long interest rates will last.
Once you complete the quiz, you’ll have a good idea of whether or not you should pursue options trading as a means of creating a second income. Or maybe you’ll find that you don’t even enjoy it. It’s completely up to you. If you think futures options trading is a waste of your time, take my advanced futures and options quiz for me and see how you like it. If you find it fun, then it might even be something you could do part time.
There’s another reason you should take my advanced futures and options quiz for me. When you finish answering the questions, you’ll receive a number of recommendations for futures options trading strategies. I use a number of these myself, so you’ll be getting a good look at what others are doing. I encourage you to take some time with this quiz and really think about whether or not futures options trading is something you would be interested in. If you do decide that it’s an interesting prospect, then take my advanced futures and options quiz for me and see how much fun it can be. It won’t take long before you decide that it’s right for you.