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Henry Gambell – Advanced Guide to How SimplerOptions Uses ThinkorSwim (274 Minutes)

Henry Gambell – Advanced Guide to How SimplerOptions Uses ThinkorSwim (274 Minutes)

Archive : Henry Gambell – Advanced Guide to How SimplerOptions Uses ThinkorSwim (274 Minutes)

In this course you will learn:

• How to Set up your position’s profit/loss profile
• How to view simulated trades BEFORE you enter the position
• ThinkBack – My 3 favorite ways to use this
• Understand Risk Profile in 15 minutes or less
• Create a Risk Profile for an IC, Spread, or Butterfly
• Understand all the possible outcomes of your trades
• What slices are, and why you should be using them
• And much more…

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : Henry Gambell – Advanced Guide to How SimplerOptions Uses ThinkorSwim (274 Minutes)

About Author

Henry is the absolute “zen master” when it comes to being a trader. He portrays the cool, calm, and collected side of trading – a side most traders struggle with for years. That’s what makes him so invaluable as the Lead Content Provider and as a fantastic options trading mentor. He helps traders see the analytical approach to trading, and why you should or shouldn’t logically jump ship with his day trading tips and tricks.

Henry began his career as an IT professional with Geek Squad, and as luck (or fate) would have it, he landed at John Carter’s door to help with a tech issue one day in 2010. John knew right away, Henry’s calm demeanor would be fantastically utilized in trading, so John decided to train him in the art. He was immediately drawn to it, and he began helping John run a certain business out of just an apartment.

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