Much of the education available at BetterTrades involves learning to buy and sell options, and using those positions as a basis for entering more advanced trades. Many students aren't aware of options, often because they've been inaccurately told that options are too dangerous to be used by anyone other than Wall Street professionals.
The knowledge of how to trade options is the basis of the BetterTrades system, because options can give individuals the potential to use leverage to make money in the market. Whereas stock can be costly to purchase in large quantities, options enables a trader to control hundreds of shares of stock at a fraction of the cost.
When enrolling in the BetterTrades system, students learn many avenues by which better trades are possible. The strategies taught by the company include techniques that can be used when the stock market is bullish, others that can be used when the market is bearish, and others that can be used non-directionally when the market is flat and headed nowhere.
Trading strategies include buying call options and put options, depending which way the market is headed. Traders can potentially profit by trading the news (making a decision based on a piece of news that emerges in the morning), writing covered calls (essentially renting out the stock you own), selling naked puts, selling short, buying or selling based on stock splits, and using credit spreads. More advanced strategies such as straddles, strangles, iron condors and iron butterflies are also on the agenda.
