Options for Beginners : Options Vs Stocks - Which Is Better? - Coffee With Markus - Episode 162

[@rockwelltradingservices]

I hope you found this video helpful, and as you can see in my opinion, options are the way to go. Let me know in the comments what other topics you'd like me to cover, and keep an eye out for my next "Options for Beginners" video. Recommended Links & Videos: Wheel book: www.rockwelltrading.com/wheelbook Wheel Playlist: kzbin.info/aero/PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb Account Updates Playlist: kzbin.info/www/bejne/eJjFdWiIjcZ5jZY

[@Skoobypoo]

This is a fantastic youtube for beginners in this field. Thanks so much to you and your team Markus! Keep up the great work.

[@rockwelltradingservices]

😊 You are welcome! I am glad that this helps!

[@DD-ts9uu]

Good day! Markus, Thanks for the video NO sugarcoating happening here . What I love on your channel is you let us see the world of trading losing the portfolio and the gain of it. I hope you can put the DANGER of spreads and The impact of the margin. Thank you! God bless!👍👍

[@sjweaver125]

Markus, I'm going to start referring to you as Professor, because I learned more here than I ever did in College Finance. I am looking forward to tearing through your books and videos in the coming weeks. Thank you for what you do.

[@80srocker71]

Since I started following you my portfolio has taken a 180! I was getting frustrated and questioning if I could even trade anymore. Thank you for your generous sharing and inspiration!

[@ghostlyspiritoflukespears555]

Nice analogy comparing shares v options to riding a bike v a motorcycle! Great channel

[@rockwelltradingservices]

Thank you so much!👍

[@Lollyschristmasboutique]

Markus....Loved the video!! You do such a Great Job at explaining the basics of Options. Can not wait for the 2nd video. I just ordered the Wheel Options book from Amazon..... Thank you!!

[@rockwelltradingservices]

Thank you for your support, B. Krueger! :)

[@angeliaheng1100]

May I know, if I want to buy n sell the stock of the call option that I bought before or on the expiry . Is it mean I still need to have the cash ready to buy it?

[@wilsonnarvaez1106]

Extremely helpful thanks 🙏 hope I can be a day trader one day

[@rockwelltradingservices]

😊 You are welcome! I am glad that this helps!

[@rusty1971]

Markus I am so glad I got the PXO. I only wish I would have found you earlier .

[@rockwelltradingservices]

Awesome! 😊

[@jacklewarne5025]

What simulations do you recommend?

[@rockwelltradingservices]

Hi Jack you can to check the video regarding my recommendation kzbin.info/www/bejne/hnrRaIxmeN-JZ80

[@luckyirish5594]

Hi Markus, thank you so much for this! Which simulator do you recommend and does Power X work on a MacBook Air

[@rockwelltradingservices]

Yes, the PowerX Optimizer is a web based platform so as long as you can run updated versions of major web browsers (Chrome, Firefox, etc.) you shouldn't have any issues. Tradier has a fantastic paper trading simulator. You have to open an account, but you don't have to fund it. You can sign up for an account here: www.rockwelltrading.com/broker

[@Lollyschristmasboutique]

Marcus, can you recommend a good Options Simulator?

[@rockwelltradingservices]

Lately I've been using Tradier brokerage, and they have the option to set up a paper trading account. You don't need to fund the account to use this feature, you can paper trade first to test the waters. You can use this link here to sign up: www.rockwelltrading.com/broker

[@Lollyschristmasboutique]

@@rockwelltradingservices Thank you Marcus!!! Have a GREAT WEEKEND!!!

[@rockwelltradingservices]

😊 You are welcome! I am glad that this helps!

[@stevenporter9114]

NO, going over what is going on with Wheel is never boring. It is however frustrating when you show a week later what trades you have made and there is no way of following along. The best thing that you have done is show what plays you have made and why

[@normalizedaudio2481]

SRC == Sit Recirculate Continue

[@stevenporter9114]

Markus don't give up on RIDE. It is going to prove to be a great company. The stupid lawsuits stop on May 17th and production starts in Sept. So it is easy for people to not get excited about this stock yet. I have been trading this company since it was at $19 I have been able to get my breakeven down to $11.40 and have made a 10% return on the shares that I do own. I can't wait to see where this company is at by the end of the year.

[@normalizedaudio2481]

Damn, I hope I can make it.

[@normalizedaudio2481]

Damn options, I'm still waiting..........