Ask Colin

What options trading courses do you recommend?

As you may have noticed from the questions and answers on options on my web site www.bwts.com.au Ask Colin page, I do not advocate options trading - especially to beginners - ie someone who is yet to have several years of profitable trading experience with shares. For an honest introduction and outline of the pitfalls, read Dr Alexander Elder's book Come Into My Trading Room. I echo everything he says about options as a high risk mug's game. It is best left to the professionals. Amateurs nearly all lose their money every time.

The only course I would recommend on options would be the subjects run by the Securities Institute of Australia www.securities.edu.au on options or derivatives. However, there are some books I have listed on my web site and Dr Elder also recommends some books.

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