OptionsBrokers posts

Feed

Options trading is for suckers

Over nearly two decades of financial journalism, I've heard something similar to the following statement literally hundreds of times: "Only experienced professionals should trade options. It's a sucker's game for individual investors."

Are you kidding me? Trading options is for suckers all right: really rich ones!

You see, when it comes to options trading, there are a whole bunch of myths out there that need to be "busted." And just like the cable TV show "MythBusters," which takes a group of experts who use basic elements of the scientific method to test the validity of a variety of myths, I decided to get a group of options experts together to bust the myths associated with options trading.

Continue reading Options trading is for suckers

Symbol Lookup
IndexesChangePrice
DJIA-37.1910,741.98
NASDAQ-16.872,374.41
S&P 500-5.921,159.90

Last updated: March 20, 2010: 10:18 AM

Hot Stocks

General Electric

18.07-0.12(-0.66)

Alcoa

14.26-0.04(-0.28)

Apple Inc

222.2499-2.4001(-1.07)

Google Inc 'A'

560.00-6.40(-1.13)

Bank of America

16.82-0.26(-1.52)

Wal-Mart Stores

55.34-0.60(-1.07)

Exxon Mobil Corp

67.04-0.35(-0.52)

Ford

13.29-0.44(-3.20)

Citigroup

3.90-0.12(-2.99)

IBM

127.71-0.67(-0.52)

Yahoo

16.44-0.12(-0.72)

Starbucks

24.97-0.05(-0.20)

Microsoft

29.59-0.02(-0.07)

Home Depot

32.36-0.04(-0.12)

DailyFinance Headlines

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

CNNMoney Headlines

More CNNMoney.com

Financial Times Headlines

More Financial Times

CNBC Headlines

More CNBC.com

SmartMoney Headlines

More SmartMoney

Fox Business Headlines

More Fox Business

Engadget Headlines

More Engadget