Download PDF , by Dale Poyser
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, by Dale Poyser
Download PDF , by Dale Poyser
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Product details
File Size: 3670 KB
Print Length: 28 pages
Simultaneous Device Usage: Unlimited
Publication Date: November 10, 2014
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B00PHF73MG
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Amazon Best Sellers Rank:
#410,434 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Very good book. Author has made it very easy & simple to understand. Really good value for a beginner. Only issue is that it does not cover how to adjust the trade if the trade goes against you.Nevertheless it is a basic understanding.
This book and others are only available on Kindle. These books are heavy on charts and diagrams. The problem is that the charts and diagrams are unreadable on the Kindle. I think that I understand the subject matter of the book, but I cannot be sure. The purchase of the Kindle was a waste of money, as were the books.
It was a disappointment. Not really a book but more like a short chapter. Could get more information just reading around the internet.
This is an excellent book on the mechanics of the Bull Put Spread. He has a pleasant, easy to understand writing style about a conservative strategy that can provide consistent monthly income. He also has other books. This is a short book, and an easy read packed with helpful information. I saw a 4 star comment that really liked the book, but wished it had explained an exit strategy. He has a chapter titled "When to exit the Bull Put Spread." He takes the example of Ebay and explains what he would do. An exit strategy is so arbitrary based on individual risk tolerance. My two cents would be to read the book (it's free to Kindle unlimited members,) set up an account and paper trade for awhile. Once a person feels comfortable that it works more often than not, then start trading and stick to a plan. Plan that there will be losses. But consistency will bring steady, predictable profits. I loved his book. Emotions are the hardest thing to master trading in the stock market. The Bull Put Spread strategy is limited risk that fits my risk averse personality and emotional make up. I recommend it.
I like the detailed coverage of a single plan to trade options with a good chance of success. Many books on this subject overwhelm you with TMI on too many different strategies to use.
A good explanation of the bull put spread. Simple tactics that produce small consistent profits are explained. Worth the read.
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