Nik Halik

You may have heard the expression "do something, do it well." It has never been truer than it is when it comes to the issue of trading on the markets. There are many systems for trading options on the ground and the developers of these systems will always tell you that theirs is one that will solve your financial problems and give you the freedom you have dreamed.

And some of them may be right.

Some systems will tell you that you need the RSI indicator and volume only, with some moving averages and Bollinger bands. Others will focus on the ADX or indicators and systems of CCH will focus around that.

Other options trading systems are simple and involve only take a long position or "buy to open with the objective of selling to close at a profit within a very short time. They will give you all the indicators and table settings for this. Others will focus on long-term strategies based on the decay time option. Some trading systems involve directional, that is to predict the future direction of the market in the short term, while others will tell you about "Delta Neutral Trading" and preaching strategies such as straddles and strangles can make you a good profit as long as the market made a significant move in one direction or another.

All trading systems above option can be great in itself, but here's the best advice you'll ever get from someone who has done everything. The most important thing is to find one or more strategies that you understand and you have had success with regular and just continue to do so. Do not get distracted by trying new strategies, using real money, because you've seen the latest DVD or read a book that tells you how someone made a million with him.

It's really that simple.

I remember once in my life when I was using a trading system options trading has really worked for me. I started with about $ 5,000 and within a short time, transformed into a bank account of over $ 20,000. I did this using a simple buy to open "and" copy to close the strategy that I learned from a guy named Nik Halik, combined with a straddle trades few. I was really good.

But then I became impatient. The contract was being negotiated was not the kind of liquidity that allowed me to always take a job when I saw an opportunity. So I decided to move from options trading to CFD. At the same time, I was learning "Swing Trading ABC" by WD Gann and changed the way I analyzed chart patterns and opportunities identified without understanding the context in which this system works. Now, while the CFD are much more liquid than options, they also involve much greater risk because of the amount of leverage involved. Unlike options trading, you can lose more than your investment, so that psychology has not been good for me either. So many times I found myself arrested, only to have the stock take off in the direction I had planned first. I lost most of the money I had done my previous successful option trading system.

The fact is, you need to stay focused on a system that you feel comfortable with what has proven to work for you. Do not get distracted by other systems that look great on the surface, but may not be compatible with your trading style or time of concentration available - or you simply can not understand well enough to implemented effectively.

Over 90 percent of commercial success is at your own psychology. This is the main thing that makes you do all your investment decisions. Therefore you must enter the market with confidence, knowing that all this trading system you have adopted, you understand, have proved to yourself that it works, know the risks and I believe that with patience and discipline, it will make you a consistent income.