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Reddit mentions of Options Trading: QuickStart Guide: The Simplified Beginner's Guide to Options Trading

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We found 1 Reddit mentions of Options Trading: QuickStart Guide: The Simplified Beginner's Guide to Options Trading. Here are the top ones.

Options Trading: QuickStart Guide: The Simplified Beginner's Guide to Options Trading
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Found 1 comment on Options Trading: QuickStart Guide: The Simplified Beginner's Guide to Options Trading:

u/jamesthewise ยท 1 pointr/MGTOW

So the two books I read that helped me TREMENDOUSLY understand options are:


https://www.amazon.com/Options-Trading-QuickStart-Simplified-Beginners/dp/B01EZ50QO0/ref=sr_1_19?keywords=options+trading&qid=1568413077&s=gateway&sr=8-19


https://www.amazon.com/Options-as-Strategic-Investment-Fifth/dp/0735204659/ref=sr_1_3?keywords=options+trading&qid=1568413077&s=gateway&sr=8-3


These two books alone should get you comfortable enough to trade profitably or at least to simulate it and make sure first.


McMillans is a HUGE actual textbook used in University. It's not PERFECT but very close. Treat it as your options Bible.


The starter book will get you familiar with all basic concepts, jargon and associated entry level knowledge.


Options trading is the opposite of day trading although they can be day traded successfully in my experience. Options is better performed, however, as a Swing Trade assuming your Technical Analysis plays out.


If you aren't very familiar with Technical Analysis then I'd suggest watching Mitch Ray's instructional videos on youtube for a basic grasp.


Also here is the BIBLE of swing trading Technical Analysis, it is another textbook but well worth the time and cash investment. Bulkowski is basically god.


https://www.amazon.com/Encyclopedia-Chart-Patterns-Thomas-Bulkowski/dp/0471668265/ref=sr_1_1?keywords=bulkowski&qid=1568413255&s=audible&sr=8-1


Before making ANY trade I HIGHLY recommend reading Trading In The Zone by Mark Douglas :


https://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude/dp/0735201447/ref=sr_1_1?keywords=trading+in+the+zone&qid=1568413295&s=gateway&sr=8-1


He also has it in free audio book on Youtube if you can do audio books. I listened at the gym which worked but really just needed to read.


There's many more resources, books, etc. but this should get your rabbit hole started.


For basic market info as a newbie i recommend Investopedia.com


I believe they also have a free simulator. Not sure if options are available on there.