ARE YOU TRADING OPTIONS WITHOUT A PLAN?
Discover a complete trading system that combines the power of Technical Analysis with Options Spreads to identify profitable trading opportunities. This book offers a step-by-step guide to mastering the art of trading with practical strategies and insights for traders at any level. Here’s what you’ll learn:
Comprehensive Trade Management: Rules for entering trades, exiting profitably, setting stop losses, managing trades, portfolio allocation, and risk management.Spotting Opportunities: How to identify the best trading opportunities using Technical Analysis.A Proven Money-Making Strategy: A straightforward approach to consistently grow your capital.Stock Selection for Options Trading: Learn to find the most suitable stocks for trading options.Mastering the Greeks: Tips to avoid common pitfalls associated with options Greeks.Navigating Market Volatility: Strategies to handle market corrections and crashes with confidence.Earnings Strategies: Techniques to benefit from earnings reports while mitigating binary risks.Real-Life Trade Examples: Live trades illustrating the book’s core concepts in action.Insights from the 2022 Market Crash: Key lessons learned and strategies to adapt during extreme market conditions.
Why This Book is Different
Unlike generic trading books, this guide doesn’t overwhelm you with hundreds of options trade structures that confuse more than they clarify. Instead, it focuses on the simplest options structure that allows you to learn and trade options effectively without requiring a Ph.D. in options Greeks. From there, the book introduces you to identifying trade setups using Technical Analysis and teaches you how to set defined profit and loss targets, eliminating all the guesswork from trading options. This streamlined approach ensures you can focus on what truly matters: mastering a profitable system with clarity and confidence.
Who Should Read This Book?
This book is for you if:
You’re a Beginner: Looking for a clear, easy-to-follow guide to start your trading journey on the right foot.You’re a Struggling Trader: Striving to break free from the cycle of random trades and inconsistent results.You’re an Experienced Trader: Wanting to refine your strategy, master risk management, and gain insights from real-life examples.You’re a Technical Analyst: Eager to incorporate options into your trading repertoire and take advantage of their unique leverage.You’re a Busy Professional: Seeking a simple yet effective trading plan that doesn’t require monitoring the markets 24/7.
If you’ve ever felt overwhelmed by the complexities of options trading or struggled to stay disciplined in the face of market volatility, this book is your solution.
About the Author
I am a full-time options trader who trades these strategies every day to earn a living. Over the years, I have mentored over 6,000 traders worldwide and continue to guide a thriving community of traders daily. As a CNBC contributor and author of the best-selling book Mean Reversion Trading Using Options, I bring decades of real-world experience to this guide. My approach is practical, proven, and grounded in strategies that I personally use in live markets to achieve consistent success.
From the Publisher
Mean Reversion Trading
USING OPTIONS AND TECHNICAL ANALYSIS
A comprehensive rules-based trading system using technical analysis and options spreads as the primary trading vehicle.
Rules for entering, managing, and exiting tradesRules for profit targets and loss preventionRules for portfolio allocation and risk management ARE YOU TRADING OPTIONS WITHOUT A PLAN?
The leverage that options provide to traders is absolutely mind-blowing.
However, many traders blindly start buying calls and puts without understanding the nuances of the options greeks.
This book provides an easy-to-understand approach to options using vertical spreads and walks you through a comprehensive rules-based strategy which doesn’t require you to get a PhD in the options greeks.
Here are some concepts that you will learn in this book How to pick the right stocks to trade options Technical analysis indicators that matter How to find mean reversion trade setups The power of Debit Spreads Why you should have fixed profit targets How to manage losing trades Trade examples covering all concepts Handling stock market corrections
A 2 Standard Deviation move contains 95% of a stock’s movement
By using Technical Indicators like RSI, ADX, DMI, Bollinger Bands and Keltner Channels, you can spot when an equity is stretched either to the upside or downside and showing signs of reverting back to the mean. Learn how I find these trade setups by using just a handful of technical indicators.
Learn how to find trade setups
An example of an ADSK vertical spread opened using technical analysis. Trades like these can yield a 100% ROI in 30 days or less. Learn how to find stocks which are over-extended to either the upside or downside and about to turn around.
Then use the power of vertical spreads to put on a trade which can double your money even if the stock moves just 5 dollars in 30 days.
Learn how to use VIX to adjust your portfolio exposure
Learn how you can use VIX (The Fear Gauge) to fine tune your portfolio’s exposure to the markets. By using VIX correctly, you will be able to take advantage of stable trending markets to generate handsome returns while avoiding getting wiped out during corrections and market crashes.
How to avoid the fear-greed cycle
Having fixed profit and loss targets prevents you from getting trapped in the classic fear and greed cycle, which keeps you guessing when to get out of trades. This system lays out rules for getting out of winners at 94% ROI and cutting losers early before they turn into a total loss.
Read the markets like a pro
You have no control over the markets, but the markets have absolute and total control of how your trades fare.
Learn how to read the market weather like a pro and keep an eye on the macro-economic climate.
Learn from example trades
This book not only lays out a complete trading system but also walks you through different trade setups showing you how to put it into practice. In addition to this, there are hundreds of trade examples available on our website to enhance your understanding.
ASIN : B0B781VTZX
Accessibility : Learn more
Publication date : August 15, 2022
Language : English
File size : 48.1 MB
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 270 pages
Page Flip : Enabled
Best Sellers Rank: #58,842 in Kindle Store (See Top 100 in Kindle Store) #4 in Derivatives #9 in Options Trading (Kindle Store) #13 in Derivatives Investments
Customer Reviews: 4.6 4.6 out of 5 stars (346)