BetterTrades was created to help teach individuals how it is possible to make money in the American stock market. Through live and online classes, BetterTrades has instructional material designed to help students understand the stock market. Thousands of students have graduated from the program. BetterTrades provides the information that can empower.
BetterTrades was founded by Freddie Rick, an entrepreneur from a small town in Louisiana, who developed and refined the methods that are taught in classes today. Freddie Rick is a former U.S. Marine who designed the stock market strategies that are used by BetterTrades. Although it required a lot of hard work, Freddie didn't quit until he came up with the simple-to-understand formulas and plans that are still used today. Freddie likes to says, "Trading the market isn't easy, but it is simple. What is simple? Something I can do."
The BetterTrades program is built around learning how to buy and sell options in order to better leverage a stock market investment. An option gives an investor the chance to take advantage of a stock's short-term move. Options can be profitable when a stock is going up or going down, so a trader can make money in a bullish or bearish market. An option gives an individual the right, but not the obligation, to buy a stock at a specific price (known at the strike price) on or before a specific date (known as expiration day). Options that are not used by the deadline expire worthless, which means the trader faces a deadline.
BetterTrades teaches its students the strategies that can be used in the stock market. In the two-day comprehensive class, students learn how it is possible to profit when the market is going up, going down or trending sideways. The class explains how to buy calls and puts and use a variety of strategies such as credit spreads, trading the news and long-term options. The workshop helps new traders learn how establish a trading plan, and stresses the importance of practice.
The company has instructors who are referred to as "coaches," since they are available to coach newcomers through the learning process. These coaches not only help students learn how to trade the market, they're available to mentor them along the way. By heeding the voice of experience, newcomers are better equipped intellectually to get up to speed in their stock market education.
Understand one thing: It's all about education. The company does not invest money for other people and will not advise students about which stocks to purchase. After going through the educational program, students will be better equipped to make their own decisions and control their own investments in the stock market.