If you’re looking to get into trading options, then you should seriously consider either subscribing to a service that sends you signals, or learning a few different strategies so that you can trade in the stock market as well as possible. Investing can be intimidating when you’re just starting out, but you can learn a lot just by experimenting with a demo account, watching trading videos, and getting an understanding of fundamentals and technical analysis.
There are many sources of free trading information and strategies out there. Don’t waste your money paying for strategies that promise returns. No sensible, reputable company would guarantee that you will get returns from their strategy because all investors are guessing. Yes, they are making educated guesses – but it is still guesswork. You need to understand that, and you need to focus your efforts based on that knowledge.
Learn about things like stop losses, and get used to reading trend lines. Subscribe to news feeds that offer information about things that will have an impact on the economy, and remember that sometimes the political climate can have far-reaching consequences.
Take the time to educate yourself in particular commodities and companies – if you’re investing yourself, it can sometimes pay to invest in sectors that you know well, rather than trying to track the market as a whole. Diversification is good and will protect you from a lot of fluctuations in the market, but it is not something that you will be able to have an intuitive understanding of.
If you’re serious about making money for your retirement or want to turn investing into something that you can do well, then you will need to put some time and effort into learning – just like with any other career.