Currency options trading offers traders a fantastic advantage I times of high volatility which is the staying power – so long as your option comes in the money, before expiry you make money regardless of where prices spike in the interim…

The problem most traders have is not spotting market direction, its getting their market timing right with their trading signal so they don’t get stopped out. They know which way prices are going to go, get stopped out and then see the trend go right back in the direction they thought, pile up thousands in profits and their not in the trade!

Read the rest of this entry »

I like to reckon of myself as an entrepreneur. I’m really an accountant by profession, but really an entrepreneur at heart. Being an accountant is ok, but like any job working regular hours for someone else, it has it’s drawbacks.

For example, I often get tired after lunch so wish I could take a small afternoon siesta, to perk myself up for the rest of the day (they even say that people who do this live longer, but that’s another tale). So it was often during those “after lunch” hours when I was pushing myself to concentrate on numbers when I just wanted to float away into dreamland, that my heart would wish I had the freedom to do as I pleased, when I pleased.

Read the rest of this entry »

There are two basic types of Forex options available to retail traders. For a broker, Forex option trading consists of the most common option, which is the call/place option. This works similarly to a stock option. The other option is a single payment option trading, also called SPOT, which allows more flexibility to traders.

A broker involved in Forex option trading has traditional options that allow the right to buy something from the option seller at a specific time and price. But, there is no obligation to buy, just the right.

Read the rest of this entry »

Futures Options trading

Please only use these examples for educational purposes.
Paper trade them.

I was doing my search for option inconsistencies and
here is what I found.

March Swiss Franc futures contract closed at .9110.

(February options follow the March contract)

Feb. Swiss Franc options have 22 days left until expiration.

Read the rest of this entry »