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Uncle Bob's Money: Generating Income with Conservative Options Trades Paperback


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Uncle Bob's Money: Generating Income with Conservative Options Trades + Option Trading in Your Spare Time: A Guide to Financial Independence for Women
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Product Details

  • Paperback: 132 pages
  • Publisher: CreateSpace Independent Publishing Platform (October 25, 2011)
  • Language: English
  • ISBN-10: 1466307145
  • ISBN-13: 978-1466307148
  • Product Dimensions: 0.3 x 5.9 x 8.9 inches
  • Shipping Weight: 4.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (60 customer reviews)
  • Amazon Best Sellers Rank: #800,573 in Books (See Top 100 in Books)

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Customer Reviews

To me, this book was easy to understand and follow.
Janice
Also as another review mentioned it was a bit heavy on the come to our web site thing.
JohnW
I highly recommend this book to anyone who wants to learn about options.
Gertie

Most Helpful Customer Reviews

62 of 70 people found the following review helpful By DaSherriff on December 7, 2011
Format: Kindle Edition Verified Purchase
When I decided to trade options I read every book available on the subject and viewed a number of videos. When I finally found Uncle Bobs Money book I thought I do not need another book on this subject. I quickly realized that it was by far the easiest book to understand the different strategies available with the potential risks & rewards of each trade. But the major factor here is that the trading rules are super detailed: you cannot go wrong here.
When I sent a query to Uncle Bobs Money website I was astonished to get an answer in hours, very impressive.

If you want a thorough grounding in options in an easy to understand format I thoroughly recommend this book.
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70 of 83 people found the following review helpful By Donald Henning on April 6, 2012
Format: Paperback Verified Purchase
I've been trading Stock options for about 10 years now. I came across this book on Amazon and was impressed with what high rating this book has. So I ordered it. Well let me tell you, you can learn everything this book has to offer in any options beginner book. Basically the premise of the book is to entice to to subscribe to "Uncle Bobs" web site for $39.00 a month. Example bottom of page 61. "One of the key values of a subscription at Uncle Bob's Money is exactly because we show when to stay OUT of the market". So they're saying is you need this book and a subscription if you want to make money on options. I'm sure the UncleBobsMoney wrote all these great reviews. Amazon need to do something about authors or companies promoting their book by writing their own reviews.

Don't waste your money on this book.
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49 of 57 people found the following review helpful By Moop on November 22, 2011
Format: Kindle Edition
I'm a novice at options trading and I was looking for a book that could take me to the next level and beyond. Uncle Bob has provided a great service for someone who needs plain English and not a graduate degree in mathematics to understand how to make money trading options. You can't speed read this book but it covers everything you need to know to be successful trading options using low risk methods. The recommendations seem intuitive once you read and understand them. Once you practice the methods and discipline described by Uncle Bob, I think you can be very successful trading options. Also Uncle Bob is responsive to emails, he really wants to help you succeed in trading options.
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19 of 22 people found the following review helpful By aed1980 on June 24, 2012
Format: Kindle Edition
Its only a platform to sell you a subscription to his site!!!!
Don't buy this book, even if its looks cheap!! Don't make same mistake i made!!!!
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18 of 22 people found the following review helpful By C. Harrmann on April 15, 2012
Format: Paperback Verified Purchase
First of all... I have no idea if a bunch of people were paid to give this book a 5-star review or not. I have to admit, it seems a little suspicious when there are so many semi-homogenous full-on praises of the book, and then so many "this review was helpful" clicks. Even the best products have flaws and scrutinizers will find them.

On the other hand, I wonder if the few people who are convinced beyond convincing that everyone is being paid to make reviews are the ones being paid. Or maybe they just listen to too much Art Bell. Or maybe I listen to too much Art Bell. Who knows?

(An aside: is Art Bell still around? Does anyone get this reference?)

The following review was not paid for, though if anyone wants to send me money, that would be great:

The book breaks down basic non-directional options trades to the bare bones and provides fair evidence that if you want to trade options and not risk losing your shirt, this is the way to go. And it probably is. You can make consistent, good, low-risk money with Iron Condors and the other three types of trades described in the book.

Before opening the book, I thought I would be in for a Motley Fool-type witty reading experience given the cartoony cover and mysterious author name, but Uncle Bob (aka David LeVine) skips over comedy for forthrightness. If you don't have some background in finance or statistics, you may have to re-read parts of the book as the writing is quite dry, not overly engaging, and options are a fairly complex topic.

And yes, the book is written (in part) to sell the paid portion of the website.
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26 of 33 people found the following review helpful By Jpack on April 5, 2012
Format: Paperback Verified Purchase
I bought this book because the Kindle version is $2.99. I figured I wouldn't miss that small amount. But, after reading the continuous advertisment for Uncle Bob's Website, I'd like my money back. At first I couldn't figure out how a publisher would allow so much advertisement. I discovered that this publisher, Createspace, is a self-publisher and a member of Amazon group of companies. I'm sure if you are a beginner you will pick up a few nuggets of information from this book, but there are better books out there. A much better introduction to options trading is "Options for the Beginner and Beyond: Unlock the Opportunities and Minimize the Risks."
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16 of 20 people found the following review helpful By E. Lindgren on July 6, 2012
Format: Paperback Verified Purchase
The first few chapters are a good overview of options and how the market works. Then it plunges into trading strategies that are barely even explained. Everything just refers you to the author's website, which of course requires PAID SUBSCRIPTION. You'll get plenty of ideas in this book, but no understanding of how to implement them without dropping some serious change. I'd first see if you are willing to pay for the cost of the site, before deciding if you want to pay for the book.
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