Self-adaptive Options & Currency Trading: for the Volatile Markets of the 21st Century

Schiller, Jon

ISBN 10: 1413759637 / ISBN 13: 9781413759631

Published by Publishamerica Inc, 2005

About this Item

Gently read. May have name of previous ownership, or ex-library edition. Binding tight; spine straight and smooth, with no creasing; covers clean and crisp. Minimal signs of handling or shelving. 100% GUARANTEE! Shipped with delivery confirmation, if you're not satisfied with purchase please return item! Ships USPS Media Mail.

Seller Inventory # OTV.1413759637.VG

Bibliographic Details

• Title: Self-adaptive Options & Currency Trading: for the Volatile Markets of the 21st Century
• Publisher: Publishamerica Inc
• Publication Date: 2005
• Language: English
• ISBN 10: 1413759637
• ISBN 13: 9781413759631
• Binding: Soft cover
• Condition: very_good

About this title

Synopsis

This book will show you how with inexpensive tools you can begin with a limited amount of capital and make it grow impressively. I describe how the Welles-Wilder Indicator, a relative strength indicator, with equations included, can be used to decide when to open index options, stock options, futures options and currency positions. I have selected the best commodity futures options to trade for short-term profits. A currency trading expert from Madrid showed me the great leverage of one's capital is the outstanding advantage of currency trading. I also describe my self-adaptive trading software, giving you all the equations and algorithms used so you can create your own software at home. I first learned options trading in Brest, France, from the sponsor of my oldest son's 40' racing catamaran. Bob was making $2 million per month trading options in New York. He explained his strategy of selling index-option Calls two standard deviations (sigma) above the market and selling Puts two sigma below the market-the probability of the market rising above the Call or dropping below the Put was less than 10%, meaning you profit 90% of the time. This two-sigma strategy has been adapted to credit covered spreads for generating a regular monthly income.