Best Practices

We’ve made it incredibly easy for you to group all your automations inside your library. Discover how folders will help you organize your portfolio.

Test your bot’s automations directly inside the automation editor to see how your logic performs in live market conditions.

Learn when you should use and/or functionality to group multiple decisions together, and when you should separate and analyze individual criteria before moving through an automation.

Do you evaluate more than one set of market conditions before entering a new trade? This video shows how grouping and nesting decisions create flexible bots with dynamic automations.

We need to remember that we are trading in a random marketplace. Just because charts are easy to read and look visually appealing, doesn’t make them future predictors of stock movement. You may never need to look at a stock chart again.

There are a lot of resources for real-time stock market quotes and news. Here is a list of the most reliable sources for market information.

The truth is, most people who trade options fail miserably and lose money each year. But if you’re reading this, I think that you could be one of the people who prosper from options trading.

Markets have defined and specific cycles. This is because investors and traders are emotional – whether we choose to be or not. Learn the 14 stages of investor emotions and trading psychology.

There are some basic principles and rules that will make you successful trading, regardless of what you trade. These 10 golden rules are interchangeable for stock traders, option traders, future traders, and even forex traders.

Placing your first options trade is not as hard as it may seem. There's no reason to be intimidated and you'll never learn until you do it, so let's walk through the process step by step.

Use these tools to determine how much money you need to allocate to your options trading portfolio.

Option liquidity is one of the most important factors to weigh when looking for new trading opportunities. Here is a detailed list of why option liquidity is vital to your trading.

There is no standard dollar amount for what you can make in your first year trading because there are so many factors, such as your risk tolerance, account size, and the types of trades you want to make. Here is what you can realistically expect to make your first year trading options.

Position sizing is subjective -- what may be right for one trader might be too much for another. But you should have some risk management in place, so I put together this very quick guide on proper position sizing.

It can be frustrating when your order isn't filled. Fortunately, there are a few strategies to improve your chances of quicker execution. Try these tips and adjustments.

There are many lists out there detailing what makes people successful in life. If we want to become successful option traders, these 14 specific characteristics are needed to succeed.

Every year I contact my broker to negotiate lower commission rates for my options trading. I’ve done this consistently every year, and each time I have successfully secured a savings.

Finding new trading ideas is hard work. Here is a list of five simple and helpful tips to help you identify options trading opportunities.

If you have a vertical option spread that you need to exit but you don't want to get creamed closing the position, here are some helpful tips so you can safely look for the exit doors without watching your profits evaporate.

Here at Option Alpha, we have outlined some ground rules to help keep emotions in check during the good and the bad trades. If you implement these 5 trading psychology rules you will be well on your way to more consistent trades.

There is still a lot that can be learned from historical investors and traders. Here is a list of 19 great quotes from famous investors.

If you want to trade options, you're going to have to pay commissions. Like any other business, trading has costs. But there are ways to reduce the cost of commissions and boost your overall returns.