Have you considered options trading? With options trading, you have the opportunity to leverage a small amount of money into large gains. Or a complete loss.

Strategies for options trading are really no different than stock trading. There are many systems that are available which you can learn. Clicking around online, you can find many systems and training opportunities for trading options.

To trade options, you have to demonstrate to your broker that you know what you are doing. Trading options is considerably more risky than trading stocks even though the strategies are similar. One way to convince your broker that you are knowledgeable enough for options trading is to take an options trading course. You will need to research online to find the best course.

After you have been trained in the fundamentals, and the risk, of options trading, you can approach your broker and set up an options trading account. No you are ready to start trading. Well, yes and no.

The first thing that you need is a trading plan or system. Intuition and gut feel are not a system. They are a good way to lose your money. Speaking of losing money, only invest money that you can afford to lose -- completely. That is, accept that you can loose all of it. You need to come up with a trading system, whether you find one online for a price, or have created your own system through extensive study. Then all you have to do is trade the plan.

And you will probably fail. Most people cannot execute a trading plan. They allow there emotion to get in their way. The reality, is that there are a lot of different ways to make money trading options. A lot of trading plans work just fine, they have a positive expectation. What does not work fine is the trader. Trading mentality is the key to making consistent money trading options.

How do you get this trading mentality? With practice. Options trading practice can be expensive when you are using your own money. However, most online trading brokerages allow you to set up a paper trading account. Set the paper account up with a balance equal to your initial brokerage balance. Trade the system on your paper account until you feel you can work the system without emotion. Then use your real account.

Hopefully, by the time you have started to trade options with real money, you have worked the system enough to be confident in it. As soon as you are using real money, your emotions will kick into high gear. Only trade a portion of your account until you can get over it. Work the system. It is your friend. Your emotions are not.