Customer Reviews

The Dynamic Option Selection System: Analyzing Markets and Managing Risk (Wiley Trading)

5 star:		(2)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

Simons book goes beyond the obvious "how do" on options -- which is exactly where more writers leave off. He is able to take very obtuse institutional topics like behavioral analysis and apply them to intermarket analysis. This is an excellent book for the more sophisticated trader who wants to learn more about options trading in all markets, including futures. Great read and well worth the price.

While Mr. Simons is very well versed in all aspects of market fundamental analysis, this book is of virtually no use to a trader like myself. I bought the book based on my knowledge of his previous writings and the book title. The problem is, as he states in the preface.... the Dynamic Option Selection System is proprietary! So how the options are selected in the books text is unknown to the reader.....thats why I bought the book! If your interested in learning a bit about hedging maybe.......but not trading.

Howard Simons' book is a tremendous resource for beginners and market professionals alike. I don't know who this jerk is who panned the book, but he obviously has no idea what he is talking about and ,furthermore, is completely incorrect in his criticisms. All of the equations in this book are correct.

I was hoping for better when I obtained the book. I can't believe this guy (the author) went to U.C. Some of the ideas that he presents are interesting and worthwhile to pursue, but he does a poor job of presenting them. The author took bits from each class that he attended at U.C. and forced them into an incoherent story. Many of the equations that he introduces are plain wrong, e.g., (2.7), (2.8), etc. Those that are correct (2.11) are presented in a most obtuse way so that one is left wondering: "what is Simons' talking about". For those who are not technically inclined this is a travesty. How are they supposed to differentiate the baloney from the fact. I understand that this is a "traders' book", but there are many better ones out there! Come on Howard, come on Wiley, you can do better than this.