It's been a tough year for most investors.
The truth is: much of that pain was avoidable. When markets are rising, few worry about losses. Professionals tell you to allocate assets; diversify; buy and hold; invest in mutual funds and trust professional money managers. Did any of that advice prove to be helpful? Isn’t it upsetting to do
'what you were supposed to do' – and still suffer large losses? Why doesn’t anyone teach you how to protect your assets?
Conservative, risk-reducing investing strategies are available. But the professionals never tell you about them? I will.
Many of you can manage your own portfolios.
Investing can, and should be fun. For many, it’s a hobby – but a serious hobby, not a game. If you are willing to devote some time and a little effort, I can teach you basic skills that can be used to protect your stock market investments. That means more profits and fewer (and smaller) losses.
Stock option strategies allow you to limit, or even eliminate the chances of losing money. Options were invented as risk-reducing tools, and you can use them just that way. But, they are not appropriate for every investor. Many understand the basic concepts immediately, while others require more time.
I’ve been in the options business since 1977 and want to share what I have learned. In The Rookie’s Guide to Options, I explain in detail:
- How options work
- What to consider when making a trade
- What you have to gain and the risk required to earn that profit
- How to find your comfort zone and live within it
- How to limit losses
- How to decide when a position should be adjusted to reduce risk
- How to adjust (when necessary) and why it’s important
- When to take profits and when to accept losses
- The advantages of using certain index options
- Six basic strategies, four of which are conservative, and two are more aggressive
- The importance of managing risk and how to go about it
- And more
The Rookie’s Guide to Options was carefully written for two audiences:
Investors who are new to options are offered all the information required to begin using options effectively. Quizzes allow you to measure what you have learned.
The experienced trader who wants a more complete understanding of the methods he/she is currently using. Plus suggestions for alternative strategies. Too many people use options without getting the full benefit, because their understanding of how options work is so limited.
Your investments are too valuable to hold without insurance. The events of 2008 ought to be proof enough.
Download a free, sampler version of the book
with a short excerpt from each chapter.
The Rookie's Guide presents ideas that probably never occurred to you. You’ll learn to use stock options conservatively, and decide if these methods are appropriate for you. There’s no hype. No promises of instant wealth. No guarantee of success. But what is provided is a well-thought out guide for investors willing to learn how to earn money consistently and avoid future disasters. It’s clearly written, it’s detailed, and these methods are the only strategies I use for my personal trading. That’s how much I trust these methods.Isn’t it time to decide if you can benefit from using options?
“Well I have read your (Rookies) book and found that it was terrific! It's by far the most practical information I have run across yet. You really gave me the feel that I was watching you make trading decisions.” Bill F.
"I’ve already bought the Rookies Guide, and as with your previous books it’s fantastically informative, clearly written and is fast becoming my source of reference for all things option related. (I’m one of those people who like to understand things completely before starting to throw money at it)" GF
"I received the book and have been voraciously digesting it. Finally! A well done and thorough book covering what one must know to trade, and why. Kudos Kudos Kudos!!! No B.S. and hype to sift through. Just serious guidance. I am very thankful you wrote it." Don W.