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Home > Business and Economics > Finance and accounting > Finance and the finance industry > Simple Option Trading Formulas: Step-By-Step Strategies Used by Elite Traders
Simple Option Trading Formulas: Step-By-Step Strategies Used by Elite Traders

Simple Option Trading Formulas: Step-By-Step Strategies Used by Elite Traders


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About the Book

Want to learn how to successfully trade options for both income and profit? Want to learn how to spot winning trades in the stock market and avoid losing ones? Do you want to build a steady second household income? Build up your retirement account to retire early and in comfort? Or, do you want to learn the same skills that winning option traders know so that you can go pro one day too? As a frequent contributor to Futures Magazine, MoneyMorning.com, Traders.com Advantage and other top financial publications, I know from experience that the world of option trading offers enormous potential for traders who are smart enough to recognize them. Options are unmatched in both leverage, limited risk and the flexibility to craft sophisticated spread positions to profit by price movement, volatility, time decay, and more. Get this book now and start learning how to trade options the right way to achieve financial success in today's stock market today.

About the Author :
I've traded stock and options for more than 25 years, after watching "Wall Street" as a kid. Using my combat pay I saved up from deployment with the U.S. Army during Desert Storm, using that as my first stake to set out and conquer the markets to make my fortune. I had planned to scale my $2,500 savings into millions but, as Mike Tyson said on boxing, "Everybody's got a plan until then get hit." And, no one, not even Iron Mike hits as hard as the stock market if you don't know what you're doing. I went through the typical Boom & Bust cycles that all traders seem to go through. You start small, experience sudden success then scale up quickly, and once you're flush with cash then the painful downward spiral begins where you give back all your winnings and then some. But, in the go-go 1990's, gold dust was in the air and everyone that could fog a mirror was a daytrader and jumped on internet stock craze. It was a dizzying time and even though I was still nursing my wounds from a few setbacks at the time, I clawed my way back with some big plays using price patterns in Microsoft, Yahoo, Dell, and AOL, all big names and movers in those days. Those successes allowed me to figure out my own style of trading which let me build up from a few thousand dollars into a six-figure windfall, and have been following the markets ever since. Today, I'm a frequent contributor to Futures Magazine, Traders.com Advantage, MoneyMorning.com, and others, as well as run a site at www.stockoptionsystem.com and even have two books on trading - "Simple Option Trading Formulas" and "Proven Option Spread Trading Formulas." I know from experience that the flexibility, leverage, risk control, and potential by options is unmatched, but most traders only have a passing knowledge of them. Sadly, this lack of understanding is costing them money as well as golden opportunities if they would just deepen their knowledge a bit more. This leads frustration and, most often, they quit in bitterness and despair. I've seen and experienced more than my share of breathtaking successes along with soul-sucking failures both on a personal level and in working with other traders. Here, I hope to help aspiring traders shorten the learning curve to successful trading by teaching the essential fundamentals and advanced methods in a simple, engaging way.


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Product Details
  • ISBN-13: 9781630228323
  • Publisher: Speedy Publishing Books
  • Publisher Imprint: Speedy Publishing Books
  • Height: 229 mm
  • No of Pages: 170
  • Spine Width: 9 mm
  • Weight: 236 gr
  • ISBN-10: 163022832X
  • Publisher Date: 11 Aug 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Step-By-Step Strategies Used by Elite Traders
  • Width: 152 mm


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