Wednesday, June 27, 2007

It makes me happy when people allow you to try something for free for a couple weeks. That makes me more comfortable with what they are offering; if they have the confidence to let you try it out first.

When I started putting money into a 401K and then a 403B, I realized I know little to nothing about money markets and stocks. I mean what is index stock options trading?

There is a company named OEX Options and they use a variety of technical indicators, such as ADX, DMI, Chaikins Money Flow, Wyckoff, candlestick charts, to teach traders method, rules, and approach.

So what is OEX? OEX is the ticker symbol for the S&P 100 Index. It is a subset of the S&P 500 index.

One of the tips OEX Options stands by is knowing the "pivot point" of a market. A defined "pivot point". If the market trends above this number within the first hour of trading it's likely the trend will continue UP for the day; conversely, if the market trends below this pivot point it's likely it will have a downward trend.

When you find a place that wants to give you pointers on something you are unfamiliar with you should always look around and find a company that makes you feel comfortable. OEX Options strives to do just that.

Disclosure:
This post brought to you by OEX Options.

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  • Written by: Christy"
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