Disclaimer Options Trading Group
Before you consider joining the Options Trading Group, please consider (besides "Standard Disclaimer") the following:
- There will be no refunds made but you can cancel your monthly subscription at any time which will take effect from next payment cycle. So as to avoid disappointment, please give careful consideration to items listed below.
- You should have basic understanding of charting and technical analysis. If you need to brush up on this there are many online resources available such as babypips.com.
- The primary objective of the Options Trading Group is to teach, using live examples, market analysis, trade planning, trade management etc. So that you can learn to apply this by yourself on a Paper Trading account and eventually on a "Live Account" when you feel competent.
- Whilst theoretical examples, using live market data will be provided, it is not to be treated as a signal service.
- I will show you for teaching purposes, how I carry out my analysis for the markets and individual instruments to the best of my ability. I cannot provide any guarantee that it will always be right.
- I do not guarantee that your execution of the trade will always be at the price suggested, nor that it will be profitable. Consideration of trades and their management will be entirely your responsibility.
- For most US clients there are several brokers like Interactive Brokers (IB), ThinkOrSwim (TOS), OptionsXpress, OptionsHouse to name few well known ones as well as many smaller ones that offer the facility to trade US Stocks & Indices Options, although their platform and fees vary. All the above will offer Paper Trading Accounts but will require you to open an account with a full application along with personal IDs etc...
- For Non-US residents, only some of the above will offer the service depending on where you are a resident. You will need to make your own individual enquiry.
- Their platforms vary greatly in the features they offer and how you navigate around them. IB's platform (TWS) is the most awkward and probably does not include the necessary tools for proper Options analysis. But most whom I have spoken with say that their platform is OK for order entry, which is what they use it for. They have lots of tutorial available, and there may be even some online help available. Having said that, I personally have struggled with it.
- However, it is most likely that IB will consider your application where others might not, based on where you reside. For you to follow the examples you need to have a Paper Trading account on an Options Platform with fully Regulated Brokers from the above list or an equivalent broker in the country of your residence who will offer the facility to trade Options on US Stocks & Indices. Otherwise it will be difficult for you to follow the examples for effective learning.
I will not be held responsible for any losses you might sustain whatsoever.
DanV