Download the fantastic book titled Trade Options with an Edge written by Dr. Russell Richards, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Trade Options with an Edge", which was released on 23 January 2017. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Computers genre.
Summary of Trade Options with an Edge by Dr. Russell Richards PDF
Would you like to have success in trading options much like the success of a casino that consistently grinds out profits each day? Casinos are successful because they have a definite probability edge on every gambling opportunity that they offer. They rely on the law of large numbers to guarantee that their probability edge will produce profits. When trading options, you can also do this if you have an edge. This book will show you how to get an edge in your options trading. Then, like the casinos, your edge will translate into small but consistent gains. The book will show you how to best exploit your edge, and it will guide you in the selection of the equity that you trade, selection of the strategy, selection of the strikes and expiration cycle, sizing and placing the trade, monitoring progress, and managing the trade. The book covers basic information about options including all of the common strategies, the option pricing model, and the greeks. It then discusses six sources of edge for sellers of option premium. Then it shows the reader how to select equities that take advantage of the combined edge, how to decide on the best strategy, how to determine the risk and to size the trade, how to place the order, and how to monitor and manage the trade. Each decision can be totally mechanical, based on the values of one or more metrics. And the software provided with the book computes all of the metrics that you will need. If you follow the approach described in this book, I believe you will be able to achieve profits of 1 percent to 2 percent or more each month in markets that are moving up, down, or going nowhere.
Detail About Trade Options with an Edge PDF
- Author : Dr. Russell Richards
- Publisher : Xlibris Corporation
- Genre : Computers
- Total Pages : 363 pages
- ISBN : 1524538175
- Release Date : 23 January 2017
- PDF File Size : 8,7 Mb
- Language : English
- Rating : 3/5 from 2 reviews
Clicking on the GET BOOK button will initiate the downloading process of Trade Options with an Edge by Dr. Russell Richards. This book is available in ePub and PDF format with a single click unlimited downloads.
