Absolute beginner looking for advice

Discussion in 'Options' started by ScottS, Feb 25, 2006.

  1. ======================
    Good points, especially to buy right/timely;
    book section,top green line this page have some helpful ones.

    Especially 3 top trader books by Jack Schwager;
    stocks, derivatives.
     
    #11     Mar 14, 2006
  2. Even then. Preferrably you understand common strategies and risk management of the underlying as well.
    If buying books is an issue use eMule.
     
    #12     Mar 14, 2006
  3. ============
    Scotts;
    And with all your getting , get understanding;
    and get BIG Trends book by[watch this name ]Price Headly,
    stocks,derivatives.:cool: That book lives its name.:cool:
     
    #13     Mar 14, 2006
  4. ScottS

    ScottS

    Quote from WD40:

    I hope you have already understood -- that you DO need to know how to trade stock before you can profit with options.

    I mean you do need to have a prognosis of where the stock is going (up, down or sideways) before applying an appropriate option strategy.

    ----------------------------------------------------------------
    I have a good background in trading equities - 10 years experience. It's the maths that are a bit difficult.
     
    #14     Mar 17, 2006
  5. I still count using my fingers:D it hasn't hurt my trading in the least...
     
    #15     Mar 18, 2006