Trading Options For a Living

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If you’re planning on trading options for a living make sure you’re really good or have a fallback

With the millions of people that trade options, there are probably no more than thousands that do it full time for a living and consistently earn. Options trading is essentially a simple exercise but one that requires commitment and discipline. In my experience the reasons most traders don’t succeed is either lack of discipline (sticking to methodology and/or limits) or not putting in the work (usually around research and analysis).

Binary options trading offers a new take on an old instrument and allows new traders to try and profit from options with a very low barrier to entry and fixed risk. Time will tell how far the rabbit hole goes.