Description
Book SynopsisMake money and minimize risk with this comprehensive guide to options tradingMost option trading books are packed with complex charts and indicators, offer competing strategies, and focus on making money at the expense of protecting your money. Designed for beginner traders,
Make Money Trading Options takes a different approach. Writing in clear straightforward language, MarketWatch columnist Michael Sincere shares his expertise and battle-tested strategies for building wealth in the options market, while reducing risk at the same time. He walks you step by step through the processes of:
- Implementing short-term trading strategies buying calls and puts
- Finding winning stocks using proprietary test trading strategies
- Identifying the most profitable market environments
- Entering and exiting option positions at precisely the right time
- Determining ideal setups and positions
- Protecting your money in both bull and
Table of Contents
Preface
PART ONE
MANAGING RISK AND MONEY
1
A Week in the Life of an Options Trader
2
Lessons Learned the Hard Way
PART TWO
THE TEST TRADING STRATEGY
3
The Test Trading Account
4
Identify True Winners
5
Buy Options on Winning Stocks
6
Stock Market Behavior Analysis
PART THREE
OTHER TRADING STRATEGIES
7
Trade SPY and QQQ
8
Off-the-Wall Option Strategies
9
Questions and Answers
PART FOUR
THE BASICS
10
Options Minicourse
11
Two Useful Technical Indicators
12
Lessons from Livermore
Epilogue
Appendix
Acknowledgments
Index
