This guide teaches the beginning investor the basics of trading stock options. Written in plain English, it is easy to understand and takes the reader from what a stock options is, to how to actually make their first trade.
You'll discover: how to pick out the options that going up quickly; when an inexpensive option is really overpriced; what time value, delta and other terms really mean and how to use that information...and more. The guide also has an optional web site that is used to teach beginning investors how to pick out stocks to trade options on.
From the Back Cover
Become your own expert with CompleteTrader.com. Here are excerpts from some member testimonials:
Complete Trader - I jumped into NT call options of June 30. The options were priced at 1 1/2 and the stock at 85 1/2. Since I selected the option using the 6% to Double Rule, I expected to stay in until either NT reached 90 or broke the trend line. In 2 days NT reached 90 1/2 and I sold my option for 3 3/4...more than DOUBLING MY MONEY in 2 trading days! Wheeeeee!!! Thanks...His Complete Trader Nickname: Wardog (Arizona)
Complete Trader - We were determined to buy CTAS on May 19. Our gut feeling was that the stock had bottomed and was ready to jump into new high ground...the stock was up $2 from the previous day's close and it appeared it was going to close up $2 or better by day's end...and it did.
However, your indicators showed that this was probably a FALSE BREAKOUT. We decided to honor the indicators. Turns out is was...YOU SAVED US A BUNDLE. Now when the indicators finally agree that the time is right, we can ga ahead and buy with complete confidence...with Complete Trader! Their Complete Trader Nickname: Crazy Couple (Ohio)
Complete Trader - I was tired of the old "Pump 'n' Dump" --- buying stocks that others have recommended only to watch them plummet a few days after. With your help I have made a 112% GAIN IN MY TRADING EFFORTS in just 21 days! I have never before gotten such a return in the years I have traded. I will strongly recommend you to anyone that truly wants to succeed in the Stock Market. His Complete Trader Nickname: Doeboy (Missouri)
Complete Trader - Using yourTurbo and Trend Indicators along with trend lines, I bought a September put option on GTW on May 17th and sold on the 24th for a 16% profit. 16% IN 6 TRADING DAYS is OK by me! His Complete Trader Nickname: Bob$ter (Ohio)
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