95% Failure and Options Trading?

[95% Failure and Options Trading?]

It seems like most people are here to trade Forex or some kind of form of day trading. I saw the post about 95% failure (or maybe more) in Forex, does anyone know if the same ratio applies to Options trading? Or what is the failure rate? It seems like Options trading is safer to trade or am I totally mistaken?

[Don't Understand BID/ASK]

I might be understanding you incorrectly... so please ask further if I'm not answering your question:

 

Whenever you are selling, you can sell at any price... perhaps you want to sell at the bid price. If that's the case, you can select a BID price and you can sell it at that price to the buyers who have orders at that BID price.

 

For example, when I'm trading futures, I have a Depth of Market window (DOM) open, which has a column listing the BID prices and a column listing the ASK prices.

 

If I click on a price on the BID side, then I will be SELLING at that price to the buyers who have placed buy orders at that price level. If I click on a price on the ASK side, then I will be BUYING at that price from the sellers who have placed sell orders at that pricelevel

 

Make sure you remember:

BID price = the price that buyers are willing to buy something at

ASK price = the price that sellings are willing to sell something at

 

So if you are a seller, you can ONLY sell something if a buyer has a BID open at the price you want to sell at. It won't lead to a sale if I have I am seller selling at $100 but the highest BID price is $99.99. So I would have to click on the $99.99 bid price to make a sale.

 

 

Thank you for your time and patience with me. I just want make sure I totally understand this.

All I want to know is when I sit in front of my computer and open my broker's website and then select

Put-Bid, then I am SELLING

Put-Ask then I am BUYING

 

Call-Bid again selling

Call-Ask buying

 

right?

[Don't Understand BID/ASK]

Here is where I get confused:

I select Put then Bid in OptionsHouse and I get the following: (see the jpg)

 

It says Sell TWTR, yet I am a Buyer when I select the bid, right!?

[Don't Understand BID/ASK]

Hello everyone

 

When I select let's say PUT->$1.00 Bid then:

 

I am selling it for $1.00 to a buyer?

or

I am buying it for $1.00 from a seller?

 

I read the following statement:

"The Bid price represents the maximum price that a buyer or buyers are willing to pay for a security"

Does that mean $1.00 is the maximum price I am willing to sell for or buy for from seller!?

I can't seem to understand that simple concept!!! :crap:

WHO AM I WHEN I CLICK On: PUT-BID!?

Does the $1.00 represents: seller of the PUT or a buyer!?

 

Thank you for your time!