As part of our ongoing educational series we would like to recommend a number of books we have found unbelievably helpful. The first five were written by me as part of our Trade4Profits series.
As a personal preference I would recommend the hard or paper back copies of all the books we recommend. Makes it A LOT easier to study and quickly look up information when you need it. Except, Covered Calls – You are Doing it WRONG!, it is just sold as an ebook, sorry.
15% Stock Market Returns: Making Money in the Stock Market
Click Here for more Information
Simple Swing Trading – The KISS System
Click Here for More Information
Trading should not be hard. Trading should not be overly complicated. With hundreds of indicators out there with thousands of combinations I wanted to give you a simple yet effective swing trading system that is easy to understand and can be easily scanned for.
I have developed a three chart system using just three primary indicators. These charts along with some secondary indicators I use for confirmation will give you everything you need to become a successful swing trader with a little bit of practice and a small time commitment either daily or weekly depending on how often you trade.
Yes, you can even trade using just one of the chart set ups, but I highly recommend using all three. Successful swing trading is about confirmation and understanding the most probable set ups for making money.
You can use my KISS (Keep It Simple Stupid) swing trading system with either shares of the stock or options. The KISS system is a 100% technical based analysis for ease of use and is fully scalable with proper portfolio and risk management.
The KISS system will give you everything you need to understand price action, find long/short areas, set targets and most importantly you will learn where NOT to enter a trade.
High Probability Options Trading
Click Here to order from Amazon
High probability options trading is all about trades that give you be best chances to be successful. We use Iron Condors, Broken Wing Iron Condors, Butterflys and Strangles to give us the best chances for successful trades based on current market conditions, option delta and volatility. We do not use chart patterns to enter trades, we use probability. We give you the rules we use, the points we make adjustments and where we try to close. We also give you examples of trades in our trading journal so you can get a look at how different trades actually play out. We don’t just tell you, we show you!
Covered Calls – You are Doing it WRONG!
Click Here for More Information.
What if we told you everything you have been taught about writing Covered Calls is Wrong! What if we told you, you had been doing it wrong this entire time? Would you listen? Can we convince you there is a better way? If you can give us a short amount of your time we can show you how to get better returns, with less risk than writing your Grandfather’s traditional Covered Call. There are so many better options (literally) than there used to be to a traditional Covered Call. Let us tell you about them.
This is a great book to quickly teach you some new strategies that are superior to an old favorite and the original option trade.
Trade4Profits – Shortcuts to Profitable Trading.
Click Here for Ebook Click Here for Paperback
Trade4Profits – Shortcuts to Profitable Trading helps new and experienced traders learn techniques for profitable trading. Based on the author’s over 20 years of trading equities, options, forex and commodities. Use options to generate substantial returns especially in bull and range bound markets. Learn basic strategies to find best securities to invest in any market conditions. Learn to leverage your account to bring in the the yields you desire while managing risk. You do not have to be 100% correct to be successful using these strategies.
Trade4Profits – Watch Me Trade.
Click Here for Ebook Click Here for Paperback
There are lots of books out there on trading but how many of them teach you as well as let you study real entries from a traders private trading journal? In my book, I let you look over my shoulder as I trade covered calls, diagonals, butterflys, credit spreads, debit spreads, strangles and others.
You get more than a lecture on how to trade, you are getting real examples of how the trades actually played out and what my thinking was while I was trading. You can see the successes and failures I experienced during these trades as well as some insight on why trades played out the way they did.
A trader’s journal is the most important thing to their long term success as a trader. This book gives you access to that wealth of knowledge to help you improve your overall trading without making these same mistakes. You also get inside access to what trades worked and why. Learn how my trades and trading plan changed over this time period to use in your trades.
Trade4Profits – Watch Me Trade 2
Click Here for Ebook Click Here for Paperback
Watch Me Trade 2 is a continuation of our first Watch Me Trade book. This time we show even more trades including a focus on range bound high probably trades such as Iron Condors and Broken Wing Iron Condors. This trading journal focuses more heavily on these strategies than our first Watch Me Trade book. Don’t worry we still give you examples of actual Diagonals, Spreads, Butterflys and Calendar trades.
This book more than just tells you about theory we let you review our trades. Let you know what we were thinking when we made the trades and how we adjusted and closed the trades. You will see our successful trades and our failures. Even see what happened when we failed to follow our own rules.
A trader’s journal is the most important thing to their long term success. This book gives you access to a wealth of knowledge to help you develop the habits to make you a successful trader. You get inside access to what worked and why. Learn how my trades and trading plan have changed, even since my last book.
The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies.
In The Bible of Options Strategies, Second Edition, legendary options trader Guy Cohen systematically presents today’s most effective strategies for trading options: how and why they work, when they’re appropriate and inappropriate, and how to use each one responsibly and with confidence.
Profiting with Iron Condor Options: Strategies from the Frontline for Trading in Up or Down Markets.
In a straightforward approach, Hanania Benklifa provides readers the practical knowledge needed to trade options conservatively in Profiting with Iron Condor Options: Strategies from the Frontline for Trading in Up or Down Markets. The objectives are simple: make 2%-4% a month staying in the market as little as possible. Market experts use option condors to consistently earn monthly returns while trading conservatively and staying in the market as little as possible. Benklifa–who manages $10+ million in condor trades each month–shows you exactly how to run these trades and earn these returns, delivering all the details you need to master every nuance of this remarkable strategy