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Option Trading in Your Spare Time: A Guide to Financial Independence for Women Paperback – July 1, 2009
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About the Author
Virginia McCullough (Green Bay) is a full-time writer with over 25 years of experience. She currently lives in Green Bay, Wisconsin.
Top Customer Reviews
Here's my story. It was late 2010. I had about $10k to invest, but always thought I could do it on my own, without the need for a financial advisor. After all, if they understood markets, shouldn't they all be rich? I read books, articles, anything I could find to learn about how the markets worked and different approaches to investing. I discovered there are many "markets," but an even greater number of alleged strategies to extract money from those markets. I needed to find a niche. I came across this book and decided that the leverage afforded by buying calls and puts would provide the % return I was looking for on my small account.
After reading this book, I then came across one of Wendy's websites, which had a spreadsheet-type of document alleging that Wendy made over $100,000 in 2010 trading options.
At the time, I didn't question those results. It seemed trustworthy because Wendy seemed trustworthy. I then noticed she was trying out a new service where she would "auto-trade" accounts for 12 months using her "P3 squeeze" pattern, for a fee of $5,000. She would decide which trades to make and those trades would be executed in my account via auto-trade. If she couldn't turn a profit after 12 months, I would receive my $5,000 back. However, if my account grew 100% over that time period (i.e., turning my $10,000 account into at least $20,000 by year's end), she would get to keep the fee. It seemed like a sound investment. After all, Wendy literally wrote a book on options trading. I believed at the time that she could make thousands of dollars per month trading options.Read more ›
Most Recent Customer Reviews
For those who are looking for a strategy for BUYING calls and puts only, it provides some excellent guidance, but those two strategies are the limits for her niche market. Read morePublished 15 days ago by Morris Reason
Easy to understand and very great for anyone just getting started. Great review too.Published 2 months ago by Amazon Customer
I adore Wendy Kirkland's methods of teaching option trading. She can show you what to look for in ways that make it easy to see why her techniques work. Read morePublished 3 months ago by R. Calkins
This book only gets a 3 star rating because the author spends a considerable amount of time talking about charts, and rightfully so. Read morePublished 3 months ago by BB
I guess this is a good book for beginners. I don't trade options so maybe I'm not a good reference.Published 6 months ago by taltima