There are a number of ways to trade for income. We like to focus on trading Stock Options because (A) they give us a lot of leverage without having to risk a bunch of our capital, and (B) we can profit if a stock is moving up, down, or even sideways.
Usually, we just wait for the market to give us a signal that it’s about to start moving in a certain direction, then we hop in a trade to profit off of that move. So if we think the stock will move up, we open a trade where we profit from an upward move. If we think the stock will drop, then we open a trade where we profit from the market falling. We could even put on a neutral trade if we think the market is going to move sideways and not make much of a move at all.
How you choose to trade in the stock market ultimately depends on your preference, but I highly recommend that you choose to trade Stock Options – they give you so many opportunities to be profitable!
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