My Dad want's to become an options trader. I'm just assuming he's drawing dead but I don't know anything about it so its hard for me to articulate exactly how he's drawing dead.
Here is his approach:
He has spent the last few months going through the options trading training on motley fool, IBD, and options express, as well as a few individuals who he says just reiterate the same information. He wants to be a spread trader using
http://stockcharts.com , options monster, and
http://investor.com as his trading resources.
Is there any chance he is +EV? How will he ultimately fail?
Thanks guys,
Ryan