How to make a fortune with Options trading [Paperback]

Samuel Blankson (Author)

Book Description

Publication Date: January 6, 2010

This book sets out to explain how using Fibonacci, Elliot Wave analysis, Candlestick charting, MACD and Moving Averages, any investor can consistently profit from trading US options contracts. Optionable stock selection is simplified by the use of screeners, and the author explains how these can be created and applied to harvest the right type of Optionable stocks to profitably trade in any market condition. A must read for anyone wanting to make consistent profits from options trading without the worry over the uncertainty of price movements.

Editorial Reviews

From the Author

You may have heard of Options and Futures prior to reading this book but perhaps you have never traded them before. This book shows you how to, successfully, trade these financial instruments.

The high-risk arena that Options belongs has many pitfalls for the beginner, and some seasoned traders have lost their shirts. Therefore, you are wise to be cautious. That is why this book sets out clearly and practically a systematic explanation in non-technical language what Options are how to trade them and how to keep trading them, profitably and safely.

I started trading Options after attending an Anthony Robbins course, "Wealth Mastery" in Frankfurt, Germany. The excellent trainer, Chuck Mellon did his best to impart the required knowledge for trading these financial instruments. I got started immediately and made a small fortune but after the market crash of 2000 I had to re-educate my technique and design better prediction methods and systems that worked in any market.

The years following that have been very exciting and rewarding. In this book, I am sharing with you the simple methods I use to create fantastic returns. If you are looking for an Options trading system that works, is simple and gets phenomenal results look no further than this book.

This book is the second of a two part series. Please make sure you read the first book "How to make a fortune on the Stock Markets" before continuing with this book.

From the Inside Flap

RISK DISCLOSURE STATEMENT Please read carefully. Futures and Options trading have large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the Futures and Options markets.

DO NOT TRADE WITH MONEY THAT YOU CANNOT AFFORD TO LOSE.

See all Editorial Reviews

Product Details

• Paperback: 134 pages
• Publisher: lulu.com (January 6, 2010)
• Language: English
• ISBN-10: 1411623789
• ISBN-13: 978-1411623781
• Product Dimensions: 11 x 8.2 x 0.3 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 3.2 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #2,350,576 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

17 of 17 people found the following review helpful:

2.0 out of 5 stars Mixed Feelings, January 19, 2006

By 

Plump1 (appalachian mountains) - See all my reviews

This review is from: How to make a fortune with Options trading (Paperback)

This book is prime example of self publishing when you do not use peers or an editor look over your work before releasing it to the public.

The author uses this book as a platform to sell his other books and intentionally leaves out valuable information so you will have to purchase his other books.

Here is a quote: "The best way to use Covered Calls is as a hedge against falling stock prices. You can use the following techniques (covered in detail in How to make a fortune on The Stock Markets)..."

You have to jump around chapters in order to understand what the author is trying to show you in terms of his trading style. I had to read the material a couple of times to grasp what the author was trying to explain.

If you are new at trading options stay away from this book until you get the basics down. This book attempts to show you how to exploit put options in order to make a profit. Most new traders will not feel comfortable trading put options.

The author glosses over very difficult techniques using Elliot Wave Theory and Fibonacci Techniques. These are not for the faint of heart and the book should have gone into better detail on these techniques.

Another thing that disturbs me is that the author gives many charts with no stock labels. I have to assume he made up the charts himself.

The author goes into chart patterns and gives them his own names. Why muddy the waters when there are already chart books out there that have established names for the same chart patterns.

Okay, a few positives, the author gives you information on how to find momentum stocks using the msn money stock screener. This is nothing you cannot do on your own though.

After looking at the authors other works he seems to be interested in forms of gambling. This book on options appears to be written from a gamblers perspective. I would be interested in seeing the authors trading record.

10 of 10 people found the following review helpful:

1.0 out of 5 stars STAY AWAY!!!!!!!!!!!!!!!!!!!!, July 17, 2006

By 

Speratus "True knowledge exists in knowing th... (Florida) - See all my reviews

Amazon Verified Purchase

This review is from: How to make a fortune with Options trading (Paperback)

This is the first time I have ever felt ripped off on an Amazon purchase. I have never given a book 1 star and frankly it doesn't deserve that.

The "book" consists of 20 pages of actual material which for the most part is useless since he doesn't explain any of his "techniques" except to refer you to one of his many books from " The Ultimate Greyhound Betting System" to "Investing in En Primeur Wine".

The rest of the "book" consists of 82 pages of appendices and another 12 pages of the authors books along with summaries for additional filler.

I'm glad I only got ripped off for 20 bucks. Don't be the next victim.

10 of 16 people found the following review helpful:

5.0 out of 5 stars Great screeners, August 19, 2005

By 

Thomas Heenan "TomH" (Norwich, UK) - See all my reviews

This review is from: How to make a fortune with Options trading (Paperback)

I loved the simplicity in which options were explained. I also loved the screeners, GREAT. simplifies finding great optionable stock.