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This newly revised and expanded ebook introduces Chapter Six, "Trade Management for the Intermediate Investor."
However, this practical and accessible book is also perfect for complete beginners! It equips you with the essential tools, information, and insights to start your investment journey, serving as a valuable reference as you develop your skills and expertise.
It is an ideal companion to my online investing and option trading courses, while also working well as a standalone text.
Whether you are:
- curious about the stock market,
- about to open your first account and purchase your first stocks,
- gearing up to advance to options trading, or
- seeking ways to safely manage your options trades for consistent income,
you’ve found the right resource!
Meet Alyssa, whose journey began with a stock gift from her grandmother, sparking a lifelong commitment to responsible financial management. Her inspiring story is interwoven throughout the book, motivating you to create and grow your own wealth.
Patricia Saylor, a retired educator and successful investor and options trader, begins with the basics. She defines key terms for novice investors, enabling you to ask better questions and comprehend the answers you receive. The book features helpful homework, comprehension questions (with answers), and a glossary/index highlighting crucial information and skills for both beginners and intermediate options traders.
The initial chapters guide you in setting up your first investment account.
Subsequent chapters help you enhance your skills and accounts with secure options trading strategies to maximize your returns. If you’ve struggled with learning options trading and found it confusing or daunting, this book offers the clarity you need.
Included are step-by-step instructions for:
- opening an investment account,
- selecting stocks and funds,
- placing buy and sell orders,
- gaining options trading privileges,
- choosing and executing safe options trades,
- tracking your investments,
- making trade management decisions, and
- assessing your outcomes.
Even seasoned investors will find a wealth of tools to evaluate risk, calculate annualized returns, and anticipate potential outcomes of options contracts. Learn to select and manage trades to consistently generate income, even when things don’t go as planned. The book includes useful spreadsheet examples and teaches you to manage ongoing campaigns beyond individual trades.
Prepare for a more secure and prosperous financial future. Your future self will thank you!