Born To Sell is providing an opportunity to trade options profitably. However, those who have traded options before know that it is a tough call. As a matter of fact, traders and investors alike are keeping off options because they believe they are a complex lot of financial assets. That is why we want to review Born to Sell just to see whether this service is providing something meaningful. We want to see if it will transform the options landscape or if it is already doing so. How good is the service? Are their sales people speaking the truth as far as the service which they are offering is concerned? We will find out in this Born to sell review. For now, we are asking all of you who want to trade binary Options to consider these reliable software for this kind of trading. If you want to trade CFDs, these robots will help you make consistent returns.
This service was founded by someone called Mike Scanlin who claims to have traded options for the last 4 decades. We wonder whether Mike has proof of live trading because a lot of what is happening on this website sounds attractive because of their sales men. Mike tells us that he is successful because of his simplified trading approach. He tells us that he is using one strategy only which he refers to as Covered Calls. This platform is allegedly providing an advantageous service compared to rival services since they are focusing on one strategy only to eliminate the possibility of confusion.
They claim that they are an innovative company that provides simple and efficient trading software. Their Covered Calls software is literally a scanner which they refer to as an award winning trading solution. It is alleged that the service won the first position in the 2013, 2014, and 2016 TradePlanet Star Award contests. If this is true or at least there is proof of the same, we can conclude that this is one of the most popular services for trading options. However, we still need to investigate these claims further and also understand how the system works. Is this really what you want to get into or just a trading bot that is promoted by hype and nothing substantial? That is what we want to find out.
They tell us that the covered call options trading strategy involves getting options and selling calls to capture the premium.This way, you sell your right in exchange for cash. The buyer gets the right to own that particular security even before the expiration of the strike price (a predetermined price). So why are they focusing on Covered Calls? You might ask. They claim that with this strategy, an investor can generate an income without placing himself in greater market risk. They also claim that it is a simple strategy to use especially when you get a platform like Born to Sell because they are going to break it down so you can understand everything from the word go. Generally, when trading in other instruments, you don’t want to make the mistake of selling your assets too soon all in the name of taking profits. And that’s because in such cases, you’d be exposing yourself to the regret of lost opportunities. You wouldn’t have the added benefit of a covered call premium.
So they claim that the main benefit of this trading system which is offered by Born to Sell is that it provides investors with the advantage of taking profits earlier without regretting that they could have potentially made more. This is like a win win situation because in a nutshell, you market risk of stock ownership is reduced in cases of a downward movement yet you’d still benefit in case of an upside movement.
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The system which they are selling in the market place is best for swing traders. Most importantly, it’s a worthwhile strategy for anyone seeking to create a passive source of income particularly without the risk of making losses at the expiration date or if things don’t go as expected.
They are also providing education materials for those looking for topics around Covered calls strategy in addition to software that they can use for this kind of trading. The site provides educational material and tutorials for those who are really determined to learn.
Obviously they are limiting you to only one trading strategy which is not necessarily a good thing. If you are focusing on Covered calls strategy only, you might miss out on the benefits of other strategies as well. This is something you should keep in mind before you even consider using the services of this website.
Secondly, the kind of investment approach which they are using here can be capital intensive. That means you have to prepare to folk out more in order to get your profits. Remember that you cannot afford to invest what you cannot afford to lose. So imagine a situation where you are being forced to invest more because the trading is capital intensive? If there was a methodology that could help you invest reasonable amount of capital in your trading, that would fit you especially if you are the kind of person who is conscious of the risks that the market is presenting. And of course there is no demo to try out things. You have to understand that the best way to test a new product is to try it out. Even if there is a paid trial, that would go a long way into helping prospective traders test the service to find out its suitability.
If you are a wealthy trader or investor, this service can suit you provided you understand what you are getting into. But if you do not have enough capital, utilizing these services could be advantageous in your situation.
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