Trading Options For Dummies
Product ID: 1704911
Thinking of trading options, but not sure where to start? Trading Options For Dummies starts you from the beginning with clear, step-by-step advice on how to use top option strategies to reduce your risk while boosting your income and enlarging your retirement portfolio with index, equity, and ETF options. This plain-English guide explains the common types of options and helps you choose the right ones for your investing needs. You find out how to weigh option costs and benefits, combine options to reduce risk, and build a strategy that allows you to gain no matter what the market may bring. Youโll learn the basics of market and sector analysis and what to look for when trying out a new option strategy. Youโll also find what you need to know about options contract specifications and mechanics. Discover how to: Understand option contracts and orders Determine and manage your risk Guard your assets using options Trade options on securities exchanges Protect your rights and satisfy your contract obligations Target sectors using technical analysis Minimize potential losses and optimize rewards Map out your plan of attack Limit your downside when trading the trend Combine options to limit your position risk Benefit from exchange traded funds Key in on volatility for trading opportunities Capitalize on sideways movements Trading options is serious business. Trading Options For Dummies gives you the expert help you need to succeed. Review: Straight forward - Does not go into depth but covers everything a newbie needs to know. I like this series of books. A curious person and get an overall picture and decide if he/she wants to know more. Review: You guys have judged this too harshly - Options is an area that is very complex, and, if anything, the author dumbed it down too much. There are a lot of ways to make mistakes with options. This book does a good job of covering the basics and beyond. If you are having trouble understanding parts of it, don't blame the book. The subject matter is difficult for those new to it. Take your time with this material. Unlike other areas of study, being wrong in options can cost you money. While the author lists some pros and cons with paper trading, I found it to be useful for my own learning. Look for a brokerage that offers this. This will also help you get used to the mechanics of opening and closing positions without risking actual money. Also, you do not have to master the numerous strategies discussed in the book to make use of options. You can buy single calls and puts and gain leverage while keeping thigs simple. The author has written more advanced books when you are ready to dig into the statistics more deeply.
| Best Sellers Rank | #284,975 in Books ( See Top 100 in Books ) #25 in Risk Management (Books) #1,805 in Investing (Books) #1,834 in Business Management (Books) |
| Customer Reviews | 4.2 out of 5 stars 164 Reviews |
F**E
Straight forward
Does not go into depth but covers everything a newbie needs to know. I like this series of books. A curious person and get an overall picture and decide if he/she wants to know more.
J**A
You guys have judged this too harshly
Options is an area that is very complex, and, if anything, the author dumbed it down too much. There are a lot of ways to make mistakes with options. This book does a good job of covering the basics and beyond. If you are having trouble understanding parts of it, don't blame the book. The subject matter is difficult for those new to it. Take your time with this material. Unlike other areas of study, being wrong in options can cost you money. While the author lists some pros and cons with paper trading, I found it to be useful for my own learning. Look for a brokerage that offers this. This will also help you get used to the mechanics of opening and closing positions without risking actual money. Also, you do not have to master the numerous strategies discussed in the book to make use of options. You can buy single calls and puts and gain leverage while keeping thigs simple. The author has written more advanced books when you are ready to dig into the statistics more deeply.
B**B
Five Stars
Good for even the most novices!! Read Natemberg's Option Pricing and Volatility for advanced options trading.
A**A
Its was ok to read, but had to much ...
Its was ok to read, but had to much information that is not relevant to the fact Why I bought the book. I wanted an overview of trading options and some facts of the trade but this book went to much into the trade, that made it hard to understand.
D**D
The book was easy to follow
The book was easy to follow, and understand. It was informative, to those who are interested in this type of trading.
T**R
Great book!
The book has areas that is beyond my pay grade, but in general it is well written and provides excellent advice and strategies for trading options.
E**H
Trading options for dummies
The book is fine. I had a problem with the seller. This order was place by mistake and immediately cancel. But the cancellation was never taken despite the so many messages I sent and so many times I clicked on the cancel button. It didn t work. Since I bought the book used it was more expensive to ship the book back than just keep it.
R**3
It is as advertised and has very good information. I would recommend this book and this ...
I received the book very fast. It is as advertised and has very good information. I would recommend this book and this seller.
D**N
Fair price, lots of good info. Understandable
Fair price, lots of info in an understandable presentation.
Q**Q
Makes the huge mistake that the reader is "Experienced"
This book is NOT for Dummies, It is for, it says, those with experience. It lost me inside 15 pages. Therefore should NOT be part of the 'for Dummies' series. Very disappointed. Waste of money at such an early stage in my interest in trading options..
M**R
Five Stars
great to start
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