6 Trading Skills to be Successful (Pt 6 of 6) 

Tom Gentile

Posted in Education

By: Tom Gentile on April 18th, 2022 • 2 mins read

Read the fifth part to the series here.

Skill #6 Never Stop Learning: Trading is a Lifelong Experience

Trading is a lifelong experience so long as you choose it to be.

To be the best, you have to constantly educate yourself;  After all, the markets are constantly changing, and you need to be able to quickly adapt the latest ideas, systems, and strategies to meet new market conditions.

Utilize Cutting Edge Software

Not only does one have to constantly educate themselves, but they also need to make sure the analysis software they are using is constantly evolving and improving.

My team of programmers are constantly taking my and my team of instructors ideas on how to scan for securities to trade based on any number of technical indicators and upgrading my online software www.tomsoptiontools.com and my app Toms Option Tools and building effective and efficient scans to search up prospective securities that meet our stringent criteria.

My software then searches up prospective options trades from a simple long call option to a more advanced broken-wing butterfly option spread

This is done so one can analyze the potential Return on Investment (ROI) percentage for these trades when deciding on which one to trade.

KEY TIP:  Toms Trading Room, LLC

My company, Toms Trading Room, LLC is an online education and software company. We have a variety of opportunities for you to sharpen your skills and expand your knowledge about trading and market dynamics.

Conclusion

Take all these skills to heart and invoke them into your trading. The sooner you start implementing them, the sooner you’ll achieve life-long success as a trader.

App: Toms Option Tools

Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.

Other times I will have other charts may work to amplify my educational points. 

Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.

Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.