Hi there, I am Louis.
I have been interested in the (stock) market for the past few years. Similar to the way most people get interested in this topic, I also got intrigued by the idea of making easy money while sitting on a sofa anywhere in the world. The idea of turning (stock) market speculation into a full-time job just blew me away. So I started to do some research on the topic.
Quickly I learned that things weren’t as easy as I thought. I realized that the idea of making fast and easy money in the (stock) market without any real experience was nothing more than a dream. Don’t get me wrong! The (stock) market is a wonderful opportunity which easily can replace your job. But ONLY with the correct education and mentorship!
So I began to educate myself. But I soon found out that this was harder than I imagined. I really didn’t have much money and didn’t want to buy all these fancy expensive trading courses. Therefore, I didn’t. I went the free education path. I found one site after the other where I consumed all the educational content available to gain as much knowledge as possible.
But if I didn’t have a lot of money, how the heck could I afford to start trading?
Investing in stocks can be very capital intensive, especially when you want to trade the good and liquid ones. Thus, I needed an alternative and found out about options. I read somewhere: ‘Options allow you to control big-name stocks without requiring huge amounts of capital.’ But I had no idea of what options are and how they work. So I continued to educate myself on the topic. It took me around 2 years to understand options, find a consistent, not capital intensive and actually working strategy with options. Up until this point, I am still constantly revising and improving this strategy. From the experience gained until now, I’d say there is no perfect strategy! That is also the reason why I will keep on testing new things. I won’t tell you that my strategy is the ‘holy grail’ of trading and that this is the only way of making money in the (stock) market. I won’t say it because it simply isn’t true. No matter what some ‘trading educators’ will try to sell you, there is and never will be something like a perfect, ‘holy grail’ like strategy in trading. There will always be many different ways of making and of losing money in the markets.
My goal with this site is to trim down the learning time of all these things tremendously for you. Therefore, I have provided this entire site full of articles, video classes and much more. In all of this content, I explain options, my trading strategy, other trading strategies, general market concepts and much more.
Luckily for you, all of this is 100% FREE! So take advantage of this, before I will change it. This is a once in a lifetime opportunity.
My Background:
I was born in the US (Chicago, Illinois). I grew up with German parents and therefore, my mother tongue is German.
Up to this point, I have lived in five different countries: USA (Chicago), England (London), Switzerland (Zurich), Denmark (Copenhagen) and I am currently residing in Germany.
My father has been a banker almost his entire life and worked in multiple banks. One of his jobs was Managing Director in a respected bank for several years. This is probably one of the reasons why I started to get interested in the financial markets. Nevertheless, I am taking a completely different approach to the financial industry than him as he never really was a retail trader.
Before I conclude this about me page, I just wanted to make clear that I am not claiming to be any kind of professional trader. I would describe myself as a still quite young, self-taught retail trader that is trying to inspire, mentor and educate like-minded people in trading. I will do this as good as I possibly can. But I want to make clear that I want to have some privacy as well. I have opened a new smaller broker account that I am relatively transparent with and showing you many example trades from. Furthermore, I am experimenting with a multitude of different strategies in this account. Currently, I am not willing to share all my trading activities in real time, as I am not giving any buy/sell signals on this site. TradeOptionsWithMe is purely an educational website to show you how the markets work and how you can make money with them. I would be grateful if you could respect that.
I hope you can find some valuable and good information on my site. If you ever have any questions, comments, feedback or anything else, feel free to leave comments at the bottom of every page or contact me personally here.
I wish you the best of luck on your journey and I really hope that I can help you.
Cheers,
Louis
Founder of TradeOptionsWithMe.com
CLICK HERE to get started!
Hey whats up, I myself am a newbie to the stock market but very interested in it and want to raise my IQ on the subject before doing anything with the limited amount of money I have at this point. I have been looking for a mentor so imagine how happy I was when i saw this site as the money to invest in courses aren’t readily available.
I will however be reading up on the information on your website but will still be needing some guidance please feel free to contact me as i’m soliciting as much help from you as possible me being a beginner/ student at this point and promise to work as hard as I can to make you the teacher proud if you will accept me.
I have a few questions though so please as stated earlier make contact anytime at your earliest convenience.
thanks
Hey Adrian,
I find your approach very good and similar to mine. It is very important to inform and educate yourself on trading before you risk any of your hard earned money. This can take weeks, months or even years depending on how much time you are willing to put in.
I would love to help you if you ever have any questions. Nevertheless, it is still you that has to put in the work and educate yourself on the stock market. I can only give you tips, tricks and I can try to lead you on the right path.
But note that my website and education mainly focuses on options trading. Options trading can be different from stock trading or other trading approaches. Option trading does offer some advantages (and a few disadvantages) over other trading forms.
Additionally, I do offer some general education on the markets and other trading related subjects. But I can’t give you any magically winning strategies that will make you rich overnight.
Before you start to get into trading I want to tell you that you should keep your expectations low. Trading is a long term game and does take time. It is not a get rich quick scheme even though many people portray it as one.
Last but not least, just because someone else is successful with a given method in trading, does not guarantee that he or you will be successful with it in the future.
I hope I didn’t scare you off or anything. I just don’t want you to start trading with the wrong expectations.
I’ll contact you per mail and we can discuss things more there.
Cheers and good luck,
Louis
Hey Louis, I love your website! It contains lots of valuable information. I’m personally interested about forex, and honestly I’ve been afraid about getting really involved as I don’t have any experience, but I will as I get to know all this trough your website.
Thanks again for all the info!
Hey Francisco,
trading can be a difficult and scary topic at first. But as long as you get the right education and know what you are doing, there is nothing to be worried about. If you want to read my introductory article on Forex, you can check it out HERE.
I’m just beginning to study options. That’s how I found your site. Years ago when I started to learn how to invest in stocks, I was warned not to get involved with options because they were thought to be too risky.
Recently, however, I’ve been shown some strategies to minimize risk. It blew my mind. I’m still not confident to try these strategies, but I’ve become a believer and hope to learn more from your website.
Is there a particular trading strategy you recommend for a beginner? What broker to you recommend?
Thanks for the comment. Somehow, there is a wide-spread misconception that options trading is very risky. This isn’t really true. As long as you educate yourself before risking anything, it isn’t more risky than other trading styles. Some option trading strategies even have limited risk meaning that you can’t lose more than a certain amount of money.
For beginners, I definitely recommend defined risk strategies (e.g. credit spreads). But I wouldn’t necessarily recommend randomly trading these strategies. You should definitely first educate yourself and find a good trading system before risking any hard-earned money. You could learn how to get started with my free options trading education Here!
I personally use and recommend Tastyworks for options trading. You can read my TastyWorks Review here.
hi louis,
i have been searching for a real mentor to learn options trading. i fell victim to the guru’s but after getting really serious i learned stock trading on my own, it took over a year of real dedication, but by that time my daughters one starting college depleted my savings and as you know its takes alot more money to really be successful in stocks. So i have very limited basic knowledge of options, i have a great desire to learn and the freedom to put in the time to learn. I would feel privedged to learn from someone that sound real and genuinely seems to want to help the other half. I look forward to hearing from you. sincerely kerrie Brown
Thanks so much for sharing your story. I really like your mindset as well. You have to be willing to put in the time to educate yourself and it seems to me that you are.
For now, I recommend starting HERE to learn how to get started.
Hi Louis.
First of all, thank you for the content.
You mentioned you used to live in Denmark. As a Danish citizen I’m a bit curious as I’m just now considering getting into selling options in addition to owning some stock already.
Did you pay taxes in Denmark when you were living there? One of the things keeping me from making the jump is taxes. I don’t know how long it will take to report it, and I don’t know which broker to use. With stocks, taxes are reported automatically by my (Danish) broker, but it seems that the options in terms of trading options(no pun intended) are pretty mediocre on Danish brokerages.
So, is reporting taxes on option premiums earned in Denmark the nightmare I expect it to be?
Sorry it turned into a bit of a wall of text.
Thanks again.
Hi Nikolaj,
First of all, you don’t have to use a danish brokerage firm to trade options in Denmark. I personally have used tastyworks even while living in Denmark.
I really don’t want to get into taxes (or more specifically, danish tax laws here) because I am by no means qualified to give advice about certain current danish tax laws that might apply to you. The specifics can vary so much from person to person and situation to situation. So I am sincerely sorry that I can’t help you with this problem, but I highly recommend contacting a danish tax advisor for specific tax questions.
Thank you for your reply.
I fully understand that you are not an advisor by any means. I was just hoping to get an impression of how much of a hassle it is to do the taxes, if it was something that required a lot of time etc. I will contact someone when I’m back in Denmark for specific laws, but for now I’m just curious about how much effort you had to put in.
Hi Nikolaj,
If you have a good tax advisor and your trading volume isn’t very large, it shouldn’t be too much work for you. I hope this helps to some extent.
Appreciate the reply, thanks again.
Enjoy your weekend.
Hi,
I am a newbie on a budget, I would need to get into trading stocks and basic call and put options. Can you please suggest the kind of service you can offer
Hi Andrew,
Thanks for your comment. I mainly offer free educational content including free beginners options trading courses. You can get an overview on this page. I currently don’t offer any paid courses.
Let me know if you ever have any other questions or comments.
Great site! I too am a young retail trader with a few years of failures behind me. I have spent the last year or so testing (and following) many option based strategies. They truly are an amazing investment vehicle! Unfortunately I am not consistantly profitable yet with selling credit spreads, but my trading log shows that my losses are much smaller, I’m managing trades better and my bad trading habits are, well not happening as much. After reading your site ( and others like it) I do believe I will be consistantly profitable options trader soon, there is a light at the end of the tunnel!
I have not read every article on your site, but so far, everything has been clearly explained and is very informative. Thank you and wish you much success in 2021!
Hi Jeff,
Thanks for your comment and positive feedback. I really appreciate it. All the best for 2021 to you as well!
Hi Louis.
Happy reading ur story. Ijust ask a queation is these strategy are work able in pakistan stocks mrket as well if yes la guide me how can.
Regards,
Hameed
Hi Hameed,
Thanks for the comment. I don’t have any experience with the Pakistan market, but you should be able to just trade the US markets. You can get started here.
Hi Louis. I subscribed for your MC link but unfortunately after about half hour have yet to receive?
Hi Kim,
Thanks for the notice. You should receive a confirmation email that you have to accept. Have you checked your spam folder?
Hi Louis
I trade options by buying naked calls. I have only ever traded only one ticker QQQ and I have a pretty good success record. But I have never been able to understand one thing – what happens if I get exercised. It has not happened to me yet, but I am nervous.
for eg:
If today (13/3/21) I buy say AAPL calls which are expiring 4 months away (15/7/21) at price $15 with strike $122 then if the price of the stock goes up to say $130, then between now and 15th july if I am exercised what exactly does that mean and what are the consequences for me, can I loose money if I am exercised.
Also does the exercise ONLY happen at expiry (in this case on 15th of july) or can some one exercise any time between now and expiry date (provided the underlying stock has gone up in value)
Your help much appreciated
Jay
Hi Jay,
You have to understand that as an option buyer, you can’t get exercised. An option buyer has the right to exercise their option. Only when you are an option seller and the buyer of your option exercises their right, can you be assigned. To read more about assignment, check out my post on options assignment.
Louis,
I would like to better understand QuantConnect and use it. Your videos are immensely helpful. The documentation published by QuantConnect folks is rather poor IMO. To increase more widespread adoption of their platform, they should provide better documentation with plenty of examples. Do you coach / train people in how to use QuantConnect platform?
Nonetheless, i am dissecting your FundamentalFactors algo code. I am trying to correlate the Insights with the Orders generated by the algo.
I ran the algo for 2021-04-01 thru 2021-05-04.
The algo purchases equities (20-rank)**2 weight which is fine. But then I see an order to sell
2021-04-02T04:00:00Z DOX 72.54 -3
even though no new insights were generated. Why does this algo sell without new insights?
Thanks.
Barry
Hi Barry,
Thanks for the comment. I currently don’t offer private coaching, but you could check out QuantConnect’s tutoring option for such a service. I also agree that the docs can be a little confusing, especially when you are getting started. But as far as I know, they are currently working on updating and creating better docs.
As for the insights question, I can’t give you a definite answer since I don’t know all the details. But note that insights are only valid for a certain time. After an insight expires, the position might be closed depending on your portfolio/execution model.
Louis — when posting, I’m not getting any status response. Just a white page. Not sure you got my comment.
Best,
Tim
Hi Tim,
Thanks, I’ll look into it!