Could somebody please tell me if you are an ex-liffe corporate local trading in bund options with 14 years experience - what could you now expect to earn in basic salary and bonus as an employee??? Also!....would it not be more fruitful for such a person to trade either from home or an arcade?
The question isn't about me...sorry!..What I meant was the person used to trade open outcry on LIFFE until it closed down. This person used to earn between £350 - £750k per annum.. is that a 'good' trader?
We discuss a lot on option trading and there are lots of sites giving service on option trading like Binary Options Trading | Forex Options - anyoption but most of us don't know the definition of option trading. It's just another form of trading securities in the stock market. Normal securities are called stocks and are sold by the share. Options are a contract with a time limit betting, in their simplest forms, that the stock's price will go one way or another. If you're betting a stock will go up, you buy a call option. The option has an expiration date, a price that indicates whether it will execute or not at the expiration date, and a separate value decided by trading. Options are traded on the open market just like stocks. Option contracts are a block of stock. If you're betting a stock will go down, it's a put option.