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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 2 months ago by Morris Reason
Easy to understand and very great for anyone just getting started. Great review too.Published 4 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 5 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 5 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 8 months ago by taltima