God leads me to...

....Options Trading.

January 10, 2008 - Went to a free Option Trading Seminar at Amara Hotel.
9pm--> I love it.
Can have 200% more profits on ROI within few weeks time..
BUT I am a complete newbie on this field. Have never traded a single stock/option ever. No knowledge. I hate numbers, match, calculations, etc.
Definitely,I am on groundzero!

January 11, 2008 -just this morning I signed up at OptionsXpress online trading.
Is God leading me to this? Will find out in no time.

My heart says, I am into it. You can just work at home after your daytime job targeting the US Market wherever you are and that's it. Spend at least 1-3 hrs online maybe.No need to monitor the market everyday like the stock market traders do.

I like Option Trading in terms of:

1. Leverage – Higher returns and lower cash outlay. Stock trading is expensive. In order to buy 100 shares of XYZ stock at $100 per share, you’ll need $10,000. Although this might not seem like a huge amount of money to some people, $10,000 might be a big sum for new traders. If XYZ moved up five points, you would make 5% on your money. With options, you can control or participate in the movement of a stock for a lot less money and earn a higher rate of return. If instead of buying the stock, you purchased an XYZ January 100 call, which gives you the right to buy 100 shares of XYZ stock at $100 on or before the January expiration date, you would have made over 250%!!! Now that’s leverage!

2. Flexibility/versatility – With stock, traders can be either bullish or bearish. With options, traders can be bullish, bearish or neutral. Options can be used by themselves or in conjunction with stock. Options can also be used in combination with other options to create many different risk/reward scenarios.

3. Predetermined risks – For option buyers, the most you can ever lose is the amount paid for the option. You know in advance how much you can lose.

First to do my own school work. I need to self-study. Get familiarise with the terms,,jargons, ins and outs, etc...Will do this tonight.

It's promising indeed!