"If you haven't traded options online - you haven't really traded options," claims Larry Spears in this compact new book. You'll be far ahead of the trading pack when you learn to exploit his 7-point program for prospering in the online options arena. Get started now - at the lowest price - guaranteed!!
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"A wealth of practical advice for the options trader - particularly the online trader - from the beginner on up. I've used online order execution from PreferredTrade.com for over a year, and the ability to seek the best price and the speed of fills is phenomenal. Spears is right about the online arena: It's a whole new way to trade options."
Len Yates, President, OptionVue Systems International, Inc.
Options are one of the most strategically versatile of all financial vehicles, as they provide the promise of potentially limitless profits, while requiring only a small initial cash outlay and - in most cases - precisely defined risks.
Today's options trader has even more potential for profit by tapping into the online trading world. But - it can be risky business, if you don't know the ins and outs of trading options online.
Now - veteran trader and options author Larry Spears provides a 7-point system for trading options online for maximum success. He breaks each key factor down into understandable concepts you can immediately put into action. You'll be far ahead of the trading pack when you exploit this 7-step program - which includes critical steps such as...
* Step #1: Mastering how the modern electronic options markets work
* Step#3: Choosing the proper underlying assets
* Step #4: Planning an appropriate exit strategy
* Step #7: Using the right online broker
As Spears advises in the book, "it's real money - so manage it" right - and make it work for you - by embracing this powerful new roadmap to online options trading success.
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Table of Contents:
If You Haven't Traded Options Online, You Haven't Really Traded Options
Key Step No.1:
Learn How the Modern Electronic Option Markets Work
Key Step No.2:
Utilize the Most Effective Trading Strategies
Key Step No.3:
Choose the Proper Underlying Assets
Key Step No.4:
Plan an Appropriate Exit Strategy
Key Step No.5:
Don't Let the Details Defeat You
Key Step No.6:
It's Real Money, So Manage It
Key Step No.7:
Use the Right Online Broker
Take the Online Path to Option Profits
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Book Review by Jaye Abbate, Traders' Library
"If you haven't traded options online - you haven't really traded options," claims Larry Spears in his compact new book. Even if you have - you need to refine and adapt skills to today's completely transformed trading arena, while picking up valuable new techniques - and this thorough yet highly affordable new work by veteran trader Larry Spears will help you achieve that in short order.
Over 85% of all option trades are now completed online - but many traders are still not familiar with the subtle nuances that could help execute trades faster, help lower your commission structure or help make your choices more tenable. All these things, and more, contribute to the bottom line success of your trading account - and "7 Steps" will take you step-by-step through each phase of the process, so you can navigate more confidently and successfully in the online options trading world.
Spears goes right to the core of trading options online successfully - outlining his 7-step program for using this powerful new arena to maximum advantage. He breaks down each key factor into understandable concepts you can immediately put into action. You'll be far ahead of the trading pack when you exploit this 7-step system - which includes critical points such as …
* Mastering how the modern electronic option markets work
* Choosing the proper underlying assets
* Planning an appropriate exit strategy
* Even guidelines for using the right online broker
Plus, picking the right option strategy can mean the difference between success and failure in options trading, and Larry takes you through eight different trading strategies that he's found to be consistent winners. The pros and cons of each are detailed, along with fine points on how to calculate both the break-even point of the strategy, potential for profits and maximum risk exposure level of each strategy - so you can best select the one that's right for you.
As Spears advises in the book, "it's real money - so manage it right" - and make it work for you, by embracing this powerful new roadmap to online options trading success.
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