Could Your Option Investing Profits Be Better?
Most options traders lose money, and that's not pleasant.But how to switch from making losses and start making profits? This trading journal and log book will completely change how you select and trade options. Find Out What Works For You
Tracking and assessing options trading strategies can be messy – there are so many choices it’s hard to see what works for you and what doesn’t. We’ve all made trading spreadsheets and then puzzled about how to draw useful conclusions from them, and we’ve all used trading journals that are simply unhelpful lists on lined pages.
Option Strategies Guidance and Structure
Neither of these methods give you a structure to work with or guidance on what you should be doing. Now there’s a systematic and easy way you can get a handle on what option strategies work for you, and clarity about the results you will get. This journal will organize your thoughts and show different strategies to make sure that you know the ways to trade and possible outcomes from different trades before you start.
Experienced Trader?
You’ll welcome the structure and the well-thought out way of recording your real trades and comparing them with paper trades of parallel options strategies so that you can improve your trading profits. Its designed and tested by a real trader, not put together by someone who has never traded but subscribed to a 'low content' book writing program!
Beginner Trader?
You probably want to paper trade before jumping in. That’s wise. But paper trading doesn’t help unless you have a structure to guide you, and help you evaluate the results. Simply stabbing in the dark doesn’t help you become profitable. This journal guides you through the different options, shows you how to use Options Calculators and leads you through the types of options so that you can determine the best strategy to use.
Simple & Easy To Use
The Before Trade and After Trade pages are on one opening so that you can see all the options strategies for the trade and how they compared with buying the stock or ETF outright. There are no wasted pages for you to ‘record your emotions’ or write your thoughts on ‘Market Conditions’. Those are just used to pad out a low-content book! There are clear explanations of how to fill out the journal, along with examples of filled pages so that you know exactly what to do. Desk-sized (A4) so that you have everything about the trade on one opening don't have to squash things into a tiny notebook. Real examples and annotations show you how easy it is to use.
What Gets Measured Gets Managed
We’ve all heard that, and it’s true. But if we measure the wrong things then we are managing the wrong things! This journal will make it clear what the right things are and enables you to make decisions based on real figures, and shows you how to do evaluations to improve your options investing profits.