Handbook on Options Trading is the best guide to getting started in trading options. Most traders lose money in trading, and most people try to predict where the market is heading; this is never an easy task. Why not do the opposite? Do it the non-directional way and make money by predicting where the market is not heading.
This book will teach you how options market works with illustrations and real trading examples.
Handbook on Options Trading will cover:
• Introduction to the options market
• Basics of call and put options
• Options buying versus options selling
• Options evaluation and pricing
• Guide to non-directional trading
• Role of psychology to avoid mistakes in trading
• Trading strategies and real case studies
Filled with plenty of examples and case studies, this guide will show traders how options sellers can apply a high probability winning strategy.
Why This Book? (Message from the Author)
Having traded for more than a decade and been a full-time trader, on many occasion I have often been asked, “What do I do for a living?” Although I have some business with some partners going on, my main income does come from trading. Whenever I reply, “I trade for a living,” I get many different responses. The common response is:
“Isn’t that risky?”
“You must be making a killing since the market has been going on a bull run for the last two months.”
“Are you affected by the recent market crash?”
“Which stocks should I buy?”
“Any insider info?”
These are among the questions I have been swamped with whenever the subject of trading is brought up. What every trader is looking for is the secret formula to making money, but nothing could be further than the truth; there is no secret formula, or at least I have not found it yet. Most of the people I talk to have no idea about non-directional trading. In this book I present to you a completely different kind of trading. Open up your mind, think outside the box, and you might have a better chance of surviving in the cruel trading arena.
Most of the people who trade lose money; only a minority really make money and make good money. If we can identify what is common amongst these people, we might be able to increase our odds of winning. Most traders try to predict the market direction. They attend course after course, read book after book, and purchase software after software, with only one objective, which is to know where the market is heading. Once they can identify where the market is heading they will make a lot of money. This is directional trading. It is never easy to predict or know where the market is really heading. The easiest way and most uncommon way is to predict where market is not heading; this will be the core of this book – non-directional trading. Most people lose money in trading doing directional trading, so it’s time for us to think outside the box. Why not be the minority that is doing non-directional trading and try to win with the odds in your favour?
Start reading the book now!