Hi everyone,
I am trying to exspand my trading horizon or at least try to start trading smarter and I have recently learned about Forex Options. I have been trying to research this style of trading but I am really only able to find the same generic information about what Forex options are. I need to be able to take it to the next level and really be able to understand forex options and how to properly use them. I was hoping that some of you can lead me in the right direction and help point me to where I can get the education I need to properly impliment options. I guess a few things I need are:
Who is a good trust worthy Broker to use
What is the proper way/strategies to use options and when should you place them.
Should I consider short term experation dates or longer term experation dates
How do you know if the premium for an option is a good price or not
These are just a couple of things that come to mind but I will be greatful for any advice or help that can be given to me. Like I said I do understand the basic but I need to be able to take my education to the next level.
Thank You,
zseventy1
I am trying to exspand my trading horizon or at least try to start trading smarter and I have recently learned about Forex Options. I have been trying to research this style of trading but I am really only able to find the same generic information about what Forex options are. I need to be able to take it to the next level and really be able to understand forex options and how to properly use them. I was hoping that some of you can lead me in the right direction and help point me to where I can get the education I need to properly impliment options. I guess a few things I need are:
Who is a good trust worthy Broker to use
What is the proper way/strategies to use options and when should you place them.
Should I consider short term experation dates or longer term experation dates
How do you know if the premium for an option is a good price or not
These are just a couple of things that come to mind but I will be greatful for any advice or help that can be given to me. Like I said I do understand the basic but I need to be able to take my education to the next level.
Thank You,
zseventy1