Seeking opinions on the best route for a beginner...
Totally new to options, so far I've studied the greeks and various strategies (straddles, strangles, butterflies, bwb, etc). Also had a look at the Dough platform and their tools (easily calculate standard deviations, IV rank, etc). Looking to get OV/One for backtesting in the future.
I don't want to waste time on things that don't work, so was thinking of diving straight into a relatively affordable course. I also don't want to allocate too much capital initially (demo first, followed by 10-30k account, ramping up funds if I perform well) so I'm looking for small-account-type strategies. JL's M3 course seems highly recommended, but it costs about 1k
Rhino seems to be recommended but I'm having a hard time signing up for it - is it discontinued?
Otherwise, I was considering signing up for maybe Kevlar? Some kind of bwb strategy seems to be where most beginners start?
Also, where should I go for basic questions if I don't understand something taught in the course? The cboe site seems mostly geared towards hedgers (though I only gave it a quick scan).
While I'm aeons behind most members on this site, I'd love some advice please
Posted by winters
Totally new to options, so far I've studied the greeks and various strategies (straddles, strangles, butterflies, bwb, etc). Also had a look at the Dough platform and their tools (easily calculate standard deviations, IV rank, etc). Looking to get OV/One for backtesting in the future.
I don't want to waste time on things that don't work, so was thinking of diving straight into a relatively affordable course. I also don't want to allocate too much capital initially (demo first, followed by 10-30k account, ramping up funds if I perform well) so I'm looking for small-account-type strategies. JL's M3 course seems highly recommended, but it costs about 1k
Rhino seems to be recommended but I'm having a hard time signing up for it - is it discontinued?
Otherwise, I was considering signing up for maybe Kevlar? Some kind of bwb strategy seems to be where most beginners start?
Also, where should I go for basic questions if I don't understand something taught in the course? The cboe site seems mostly geared towards hedgers (though I only gave it a quick scan).
While I'm aeons behind most members on this site, I'd love some advice please
Posted by winters