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"This is, by far, the most informative book on option trading I have ever read... By focusing on the practical rather than the theoretical, Louise sets out a clearly marked path which, if followed in the way she suggests, has every chance of producing financial success." - Dr. Harry E. Stanton, Private Trader and Author of Let the Trade Wins Flow Once thought to be the domain of highly skilled investors, today more and more private investors and traders are entering the options market. One of the big attractions of options trading is that, unlike a traditional investor, an options trader can still make money in a sideways trending or falling market. For many, options trading-and in particular options writing-can be a useful way of generating additional income. For some it can even become their main source of income.
This book, written in easy-to-understand language, is highly recommended for newcomers to options trading in Australia, and those already trading in the options market. It starts with the basics-giving explanations of call and put options-and looks at pricing, analysing trades, interpreting candlestick charts and getting out of trouble when trades start to go wrong.
The discipline and attitude to trade successfully are discussed. there is also a cleverly constructed game to play to see if you are ready to enter the options market.