Trade Your Way to Wealth: Earn Big Profits with No-Risk, Low-Risk, and Measured-Risk Strategies
| Author | : | |
| Rating | : | 4.10 (770 Votes) |
| Asin | : | 0470129794 |
| Format Type | : | paperback |
| Number of Pages | : | 224 Pages |
| Publish Date | : | 2015-01-04 |
| Language | : | English |
DESCRIPTION:
As he became proficient at trading, Kraft began helping others to trade, which eventually led him to create a seminar company, Cutloss, Inc., and to write about trading. Bill Kraft practiced law for more than thirty years before embarking on a second career as a trader. Kraft is Editor of three online newslett
"If you want to be a successful trader, you should read it" according to Macky. I bought this book at the end of last year. I just finished my first reading and begun my second reading with more detailed notes. I feel that I wish I had this book long time ago. I have been treading for many years, but not very successful. I want to improve myself. After reading this book, I felt I learned a lot form the book. I modified my trading plan and fine. Boring Tadas Talaikis Well, this book was boring to me and haven't added almost anything to my useable list of strategies.. Clear on fundamentals, but questionable credibility Good book for option beginners as it lays out the basic strategies in a clear and concise manner.However, one disturbing section was the example used in 'collar' strategy, which raises question of credibility. The author claims that he unwound his collar position before expiry and made a much higher return vs. waiting for expiry. At first glance, I was amazed by th
And unlike so many other books, Kraft shows you where the risks exist and how to deal with them, so you can invest in your comfort zone.Chapter by chapter, you'll learn how to take different strategies—from buying stocks with protective puts to selling naked calls—and apply them in real-world trading situations. From the Inside FlapTrading the financial markets can be a risky endeavor, but with the right approach you can achieve success. With a plan in place, you'll be introduced to a variety of risk-sensitive trading strategies—primarily based
Successful trader and advisor Bill Kraft shows how to trade the financial markets in a way that limits risk and provides the potential for big profits. Kraft emphasizes that traders need to first develop a sound and reasonable business plan ? in the same manner that any entrepreneur would plan a new business. Armed with the strategies explained in the book and a solid business plan, traders will have a blueprint for generating consistent profits in a relatively stress-free and efficient manner.. In simple and down-to-earth language, Kraft explains a variety of strategies including buying and selling options; covered call writing; collars; using closed end mutual funds for income; debit spreads, volatility-based straddles; ratio backspreads; condors; and calendar spreads. Kraft, who left a successful law practice to become an independent trader, explains his own educational process and how he arrived at a trading approach that primarily uses options to generate consistent income, limit risk, and participate in big market moves