In Volatile Markets Made Easy: Trading Stocks and Options for Increased Profits, investing expert Guy Cohen teaches you how to earn big returns by systematically cherry picking the best trades while minimizing risk, and execute a simple trading plan that leverages your profits in volatile markets.
This book is about making money. This is a down-to-earth book aimed at helping anyone who doesn’t have the advantage of trading within the bid-ask spread, who typically places trades via an online or full-service broker or in some countries via a spread betting firm. This book is for all private investors. There are wonderful texts for mathematicians but this book does not aspire to be one of them. For now, here’s a summary of what you’re about to learn in this book.
Chapter 1 is an introduction to options. If you’re already familiar with this topic, you should still go through it as a review before reading the other options chapters in the book. In Chapter 2 Guy Cohen explains his preferred technical chart patterns and why he likes to trade them from a practical viewpoint. This chapter is focused on her favorite patterns and is not intended to be an almanac on all the chart patterns known to man. We return back to options in Chapter 3 where he summarize the Greeks. The Greeks are sensitivities to various factors affecting the pricing of options. These sensitivities have a direct effect on your trading.
Chapters 4 through 6 take you through my six favored options strategies. The aim is to trade safely, profitably, and with manageable risk at all times. In Chapter 6 Guy Cohen explains how to maximize your income return by trading options—without having to risk too much. The only way to demonstrate this properly is to show you how some traders get it wrong by exposing themselves to inordinate amounts of risk, in many cases without even knowing they’re doing it.
In Chapter 7 we run through the steps of creating a trading plan. The steps are universal for all strategies. Chapter 8 is the most technically challenging part of the book in which Guy Cohen goes through some of the mathematical algorithms that define the whole subject of options trading. This chapter is mathematical in nature but has a practical element to it. Finally, in Chapter 9 he shows you how to implement a trading plan for each of the six favored strategies so you can see how the processes work in practice and what you’ll need to do as you start to implement your new trading program.
- Trends and Flags
- Options and the Greeks
- Straddles and Strangles
- Ratio Backspreads
- Diagonal Spreads
- The Practical Way to Trade Volatility
- The Science of Volatility
- Trading Plans and Putting It All Together
Volatile Markets Made Easy: Trading Stocks and Options for Increased Profits By Guy Cohen pdf