Do you have any idea what Option Profit Accelerator is about? If not, don’t worry! We are here to help. Option Profit Accelerator is an ebook that’s designed to teach you everything you need to know about options trading. This article will be a review of the book and whether we think following its advice can actually be profitable. The ebook was created by Jeff Bishop.
What is option trading?
Option trading is a type of investment where you take out a contract on the price movements in an underlying asset. Option contracts are usually traded over-the-counter and have much higher margins than other types of investments, such as stocks or bonds.
Option trading can be profitable if you know what you’re doing, but it’s also very risky. Option trading is known as “speculation” because there are no guarantees that the price of an asset will move in your favor; hence the higher margins.
A lot of people use option trading to hedge their portfolio against losses and increase overall profits rather than trying to make a big one-off investment. Option trading is very similar to options contracts in finance, where people are able to buy and sell interests in an asset for a set period of time at a fixed price.
Why do people trade options?
Option trading is risky because it involves speculating on whether the price of an underlying asset will increase or decrease in value before your option contract expires. Option contracts can be used to hedge against losses, which means that you make money even when there’s a loss in another area of your portfolio (for example selling stock options).
The main risk with option trading is that the potential for profit does not always equal actual profits. Option trading requires a lot of research and analysis to ensure you’re making a good investment, as well as being prepared to lose your initial investment if things go wrong.
In general, option trades have much higher margins than other types of investments because they are so risky. Option trading is also seen as a “zero-sum game” where there are winners and losers. Option trading can be very profitable if done right, but it’s important to have the knowledge required before you get started so that you don’t lose money in the process.
What does Option Profit Accelerator teach?
Option Profit Accelerator teaches you how to trade binary options successfully by using the Black Scholes Model, which was developed by Fischer Black and Myron Scholes in 1973 to calculate the theoretical value of an option. Option Profit Accelerator also teaches you how to use pivot points, support and resistance levels as well as trend lines when trading options.
The ebook was created in 2012, but it’s still up to date today because there have been no major changes in the world of options trading since. Option Profit Accelerator is very comprehensive and teaches you all the skills that are necessary to be successful at options trading, but it doesn’t offer any additional bonuses apart from a video course on how to use Google Adwords for marketing purposes.
Who is Jeff Bishop?
Jeff Bishop is an options trader and Option Profit Accelerator was his first ever ebook. Jeff has been trading for over 15 years, which includes a lot of time spent on learning how to trade successfully and studying the Black Scholes Model in more detail than most people would care to know!
Before Option Profit Accelerator, Jeff created another guide called Option Trader’s Cheat Sheet , which was a much shorter guide that only focused on the Black Scholes Model. Option Profit Accelerator is more comprehensive and offers lots of extra value, such as an introduction to pivot points and trend lines in options trading.
Jeff isn’t a well-known trader, but Option Profit Accelerator has been very successful and has helped a lot of people to become better traders. Option Profit Accelerator is available for $27, which isn’t expensive when you consider that it’s expert advice from an experienced trader.
What information is included in Option Profit Accelerator?
Option Profit Accelerator includes:
- Introduction and overview of what options trading involves.
- How the Black Scholes Model works and how to use it for successful option trades.
- An introduction to pivot points, support and resistance levels as well as trend lines.
- Option trading examples and analogies to help you understand the concept of option trading better.
- How to trade options with binary brokers, including step by step instructions on how to open an account.
Option Profit Accelerator is very comprehensive. There are no additional information or bonuses included for free when you buy Option Profit Accelerator, but it does teach you everything that you need to know about successfully trading options.
Can following advice in the book actually be profitable?
Option trading requires lots of research and analysis before placing any trades, as well as being prepared for the possibility of losing your initial investment if things go wrong (which they often do).
The potential for profit does not always equal actual profits because option trading can be very risky and Option Profit Accelerator doesn’t include any information on how to minimize your risks.
Option trading can be profitable if you learn everything that Option Profit Accelerator teaches, but it’s important to trade with the right mindset and know what steps you need to take beforehand in order not to lose money while trying out new things. Option trading can be very rewarding if you learn everything the book teaches, but it’s important to trade carefully and only with the money that you can afford to lose.
Are there better alternatives?
There are other guides available. Option Robot was created by Robo Binary and this system offers automated binary option trades using the Black Scholes Model, which Option Profit Accelerator doesn't teach you how to do yourself. Option Robot uses advanced algorithms, so you don't have to do any of the complicated and time-consuming analysis yourself. Option Robot is available for $250.
Is Option Profit Accelerator worth it?
Option Profit Accelerator is comprehensive and does offer lots of value for money, so it can be a good option if you have some previous experience with binary options or are willing to dedicate a lot of time to learning how options trading works. Option Profit Accelerator isn’t complicated at all, but it does take some work on your part because you have to do the research yourself if Option Robot is too expensive for you.
Option Profit Accelerator doesn’t include any bonuses or additional information, so this can make Option Profit Accelerator less desirable if you’re looking for a comprehensive package.
I buy and review courses so you don’t have to. Sometimes, I even find courses that are legitimate and worthwhile; and that’s how I accidentally came across one that led me to building a 6-figure business in a little under 5 years. Now, I still review courses because it’s my favorite hobby. 🙂 Learn more about me here.