I want to know if the ebook actually tells you any insider secrets in options trading. As I am a newbie to options trading this ebook looks impressive but i don't know how good it is. Are the strategies recommended too complicated for a new investor?
Tags: Research and Analysis, Business Finance, Education and Training, insider secrets, insider
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It’s not complicated. There are many books out there that try to make it sound complicated so that they can sell you “the Secret”. There is no secret. It takes commitment to doing your homework. There are a lot of good books in book stores and at the library.
Look at how people who are actually successful make money:
http://www.amazon.com/How-Trade-Options-Wiley-Trading/dp/0471312789/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1213721428&sr=1-1
http://www.amazon.com/Looking-Years-Trading-Success-Boils/dp/B00005RFA4/ref=pd_bbs_sr_2?ie=UTF8&s=books&qid=1213721428&sr=1-2
Three months ago I bought the ibankinsider options kit. It covered a lot of basics to intermediary level stuff. I find the strategies recommended too simple, but then I have a BSc in mathematics and have been working as a research analyst for a hedge fund for 6 years.
There is a section in the guide about discovering mispriced assets for arbitrage, that is the only really complicated bit. In fact, I have made a bit of money using that strategy. If you are new to options trading the guide should be fine. Overall I’m happy with it.
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