In this book, Wendy shares her Perfect Storm option trading strategy, which has been refined from more than ten years in option trading, working with option traders around the world. Wendy is best known for explaining how to trade options in easy-to-understand language with step-by-step examples that makes her strategies great for new or veteran traders. The Perfect Storm strategy looks at specific conditions for an equity that can result in powerful moves that benefit an option trader.
Introduction:
First, you form your beliefs, and then your beliefs form you and the world you live in. You might be eager to jump into my strategy but take a moment to reflect on this. We are all our own self-fulfilling prophecies. We live the lives that we believe we are capable of living. But what if we let ourselves imagine a life of abundance and prosperity? Could we make it happen? The answer to this is YES!
Look at the life you have created. For some, it may not be what you wanted, but for everyone, it is exactly as you expected. Your expectations set the path you follow. Be aware of your creative strength and “consciously” choose what you want in life. Throughout this book, I am going to insert “Joy reminders”. When things get hard, it is easy to lose focus or postpone our dreams. Finding our joy keeps us on track.
Learning to trade options is the easy part.
My dad used to always tell us that “Believing is Seeing” unlike the more commonly shared, “Seeing is Believing.” If you believe something is possible, it is! If you believe you can do it, YOU CAN!
Contents:
- Believing IS Seeing
- Is Fear Holding You Back?
- The Law of Attraction
- Positive Expectation Brings Connection
- Welcome. Let’s Get Started
- Understanding Wall Street from the Inside Out
- Concrete Example of How a Put Works
- Bullish or Bearish
- Quick Review: Calls and Puts
- Trade with the Trend
- Story Illustration of How an Option Works
- Option Premium
- Making Sense of Strike Prices
- More on Option Premiums
- Volatility: The Movement of Price
- How Do I Know Which Option to Buy?
- Limiting Risk
- One More Way to Limit Risk
- Trade with Confidence
- Navigating the Perfect Storm
- Scanning the Horizon
- Support and Resistance
- Fibonacci Patterns in Everything
- Pivot Points
- Average Directional Index (ADX)
- Price Percentage Oscillator (PPO)
- Commodity Channel Index (CCI)
- Chart Set-up
- Special PS+ (Plus) and PS- (Minus) Patterns
- Perfect Storm+ Pattern
- PS- Pattern for Puts
- Entry Signal and Hold Confirmations
- Exit Indications
- Recap of Entry and Exit Alerts and Confirmations of a PS+
- Option Chain
- Perfect Storm Day-Trading Option Guidelines
- Day-Trading Requirement Recap
- Trade Examples
- Overnight Strategy
- Last Magical 30 Minutes Trade Strategy
- Brokerage Accounts
- Fine Tuning Purchase Prices: Placing Trade Orders
- Trust in Your Plan
- Following Through and Trading the Strategy
Perfect Storm Trading: Accurately Predict Every Price Wave By Wendy Kirkland pdf
