Quick tutorial on how to analyze options and order flows using tools included in ThinkOrSwim and Twitter! My big warning in all of this: be very careful as to how you analyze options activity. Given the multiple uses options have in general and the various amounts of strategies that involve using options very differently, not all activity means the same thing. Never get into an options trade simply because there is a lot of volume. You be chasing someone’s hedge who wants the exact opposite to happen, or you might just be following someone who has no idea what they are doing. We are making another trading tutorial now and we show an example of someone who contacted us with questions about options trading and they had no idea what they were doing. They were using $20k positions and when they bought the options, it could have been viewed as a sweep and that a “whale was coming in”. What ended up happening? They lost about $10-15k. So not only be careful how you interpret options activity, but also be very careful trading options in general, they are very risky and can mess you up really quickly if you don’t know what you are doing! We are here for questions, so feel free to ask or become a citizen to start trading with us right away, also don’t be scared to wait and paper trade! Anyways I hope you guys enjoyed it, PLEASE SHARE THE VIDEO, THUMBS UP AND SUBSCRIBE! If you think you can hang with the brothers and are qualified to be one of the 25 people we accept every quarter to join my 3-month mentoring program, where you are able to watch me trade stocks LIVE every second of the day, every day of the week and be able to ask me questions live while I trade, go to http://www.thetradingfraternity.com to request and application. The lazy an un-dedicated need not apply. Next pledge class begins in December/January so apply asap! If you have any questions about me or what we do, I have a 9,000 word FAQ here: http://www.thetradingfraternity.com/FAQ If you haven't done so follow me on social media! Twitter: http://www.twitter.com/JoshAnswers instagram: http://www.instagram.com/TheTradingFraternity Facebook: http://www.facebook.com/TradingFraternity Sign up to be a TTF Citizen and get access to our private LIVE webinars 2x a week, private newsletter, and REAL ESTATE chatroom!: http://www.TTFCitizen.com Apply for mentorship: http://www.TheTradingFraternity.com
Visibility: 7664
Duration: 24m 2s
Rating: 138