The option trader s guide to probability volatility and timing phần 1 pot

[...]... primary reasons for developing trading savvy are: 1 To achieve more wealth The number one reason that most people want to become traders in the stock, futures, and options markets is to attain financial rewards Stories about the large sums of money to be made and the successes of the rich and famous inspire a desire to achieve the same level of financial success Just as it is a business s objective to produce... investors start the same way They read a few books, open a small account, and lose everything very quickly However, there is one way to differentiate the winners from the losers Winners persist at learning as much as they can by starting slowly and collecting tools to beat the market consistently Successful options traders first learn to walk, then to run Usually traders begin with simplistic strategies such... conferences all over the world Today, Optionetics offers several of the best-attended trading courses in the world George s straightforward and insightful approach to trading has enabled thousands of people to learn how to limit their risks and maximize their trading successes These days, Fontanills is President Emeritus of Global Investment Research Corp and an active options and stock trader George s reputation... best-sellers, The Options Course and Trade Options Online, and co-written with his partner, Tom Gentile, two others: The Stock Market Course and The Volatility Course These “definitive guides to trading” have added to his critical acclaim as one of the best trading instructors in the world Introduction O ptions are one of the most profitable tools available to traders today They offer traders the ability to. .. simplistic strategies such as going long or shorting the market, and using stops to limit losses Some just listen to their brokers and follow their trading ideas Once initiated, traders accelerate their learning at the right time to become successful Successful traders usually specialize in one area or just a few areas This specialization allows the trader to develop strategies that consistently work in certain... over the next five years Therefore, they value us at $1 million—in this case, 10 times next year s projected earnings This is very similar to how stocks are valued in the stock market Stocks are traded on organized stock exchanges like the New York Stock Exchange (NYSE) and through computerized markets, such as the National Association of Securities Dealers Automated Quotations (NASDAQ) system Share... developed by anyone The problem is that most investors don’t have the persistence and drive necessary to achieve success First and foremost, you have to learn how to invest and trade the right way Typically, most new investors lose money when they first begin due to their lack of understanding of what it really takes to succeed Many may listen to their stock or commodity broker from the outset and never develop... low-risk investments I share this trading knowledge with individuals throughout the world through seminars and various innovative products designed to foster a strong foundation in options trading in the stock and futures markets Stock, futures, and options trading provide investors with the best opportunity to find rewards that satisfy almost anyone s financial objectives My investment philosophy is to. .. attack using all the resources in your arsenal Your first weapon—knowledge—will enable you to make fast and accurate decisions regarding the probability of success in a specific investment Is it incongruous to suggest that trading is war and also that to trade successfully one must reduce one s level of stress? I believe not The most composed and well-armed opponents win wars The same is true for traders In... instrument: the stock In fact, thousands of stocks are traded on the U .S stock exchanges every day But what exactly is a stock? Basically, a stock is a unit of ownership in a company The value of that unit of ownership is based on a number of factors, including the total number of outstanding shares, the value of the equity of the company (what it owns less what it owes), the earnings the company produces now . always pays the best interest. —Benjamin Franklin M ost new investors and traders, whether they are beginners or pro- fessionals, usually lose money for two reasons. First, they do not have a grasp. trading has enabled thousands of people to learn how to limit their risks and maximize their trading successes. These days, Fontanills is President Emeritus of Global Investment Research Corp. and. by reinventing systems, others by getting back to basics. Whether a novice trader, professional, or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well