I have been trading options for several years and gradually realized that I can make profits in any market, whether it is up, down or sideways. My trading results were mixed after reading some options trading books. I am looking for consistency in monthly income generation, higher win rate and higher probability of winning trades. So I researched to see if there were any other books or courses that could teach me to achieve my investing goals. I sat down at several options trading seminars to talk about the courses they offer. However, I realized that it wasn't just what I was looking for; They just give an overview of all the strategies with historical examples, similar to what you have learned and read in books. I didn't sign up for any courses because the cost was too high and I didn't hone my trading skills, which was really a waste. Serious about my investment goals and wanting to see better results, I shopped online at Amazon.com and came across the book Get Rich by Choice by Lee Lowell. There are so many interesting things hidden in this book that made me smile. In this book you can find information about:
- Basic information about options including: Call options, Put options, price, volatility, stocks vs. options, put options
- Four sure-fire winning strategies for making big bucks. Another bonus strategy used exclusively by Lee when he trades at the New York Mercantile Exchange (NYMEX)
- Getting ready to trade includes: tools, valuable websites, broker selection and their commission structures
After reading this book, I realized that among all the options strategies, there are only a few that give you a high probability of winning and making money consistently. It's not as difficult as I thought before. I would recommend this book as a must-read for beginners to experts who want to take options trading seriously and take it to the next level. This book should be on every options trader's bookshelf. The author takes a complex idea or strategy and simply explains it concisely, step-by-step. I used to be a professional options trader on NYMEX. After leaving the floor, he started and is now running his business from home. The value in this book lies in Lee's perspective as a trader who made several successful, highly profitable trades to survive the ruthless trading pits of NYMEX. The two things I love most are his honesty and clarity as he reveals to me his sure-fire winning strategies and gives us insight into the ins and outs of a builder. market. Lee also silenced critics of his book's title, proving to them that his strategies, when applied properly, will make anyone rich over time. The best part is that I made instant profits by implementing his strategy. Thank God I found this book.
