Avoiding Option Trading Traps with Larry McMillan What To Look For and Strategies for Success (2005)
Jacket Description:
Avoiding Option Trading Traps
* What to Look For
* Strategies for Success
with Larry McMillan
“I was right – but I’m still losing money.” Sound familiar? Frustrations abound in the options arena. Learning what to expect, and how to react, are the real keys to option trading success. Now, renowned author and “Trader’s Hall of Famer” Larry McMillan shows you how to avoid the 5 most common – and costly – mistakes option traders make.
Benefit from the guidance of this options guru, as he highlights the 5 major problem areas traders frequently fall victim to. McMillan shows you what to do in typical tough spots – and how to avoid them in the future. Master his methods for …
- Using put-call ratios as a critical timing tool
- Picking the right option for your trading style & goals
- Deciding how many dollars to risk
- Determining the correct number of options to buy
- Creating a scenario for covered call writing play
Not a “how to trade” course – this (more…)
