Best Options Trading

The options investing bestseller--updated with new strategies to help generate income, hedge, speculate, and protect stock positions (and help with Series 7). Michael Sincere is the author of Understanding Options (McGraw-Hill, 2nd edition), All About Market Indicators (McGraw-Hill), Understanding Stocks (McGraw-Hill, 2nd Edition) Start Day Trading Now (Adams Media), and Predict the Next Bull or Bear Market and Win (Adams Media).
Reviews
Find Best Price at Amazon"I would like to emphasize, as other readers and the author have said, that you shouldn't be investing in options if you do not have experience with buying and selling individual stocks. If you do not understand what a good stock is, and how prices of stock move, then stay away from options and go buy a good stock book."
"I read Sincere's first edition of this book years ago - and never bothered much with options, Certainly not the more advanced strategies. This edition I bought electronic - easy to read and many links are included which make it nicer to move within the volume to various topics."
"I you are a newbee to option trading, this book will help you understand a topic that confuses many (option trading)."
"Well written and informative explaining the difficult concepts associated with trading options."
"You might understand options better by reading this book but do not think for a moment that, if you're new to the market and haven't yet mastered stock investing and trading, that for one second you'll get rich quick by reading this book. Overall, it is definitely one of the better books I have read (and I've read quite a few) on basic and fundamental options education."
"Effortless reading."
"A great book to options for beginners."
"It's a good book to have a general understanding of option trading."

Readers of Higher Probability Commodity Trading are sure to walk away with a better understanding of the futures and options market, but more importantly with the benefit of years of market lessons learned without the expensive lessons. Carley nails the seemingly impossible task of leveling the playing field by imparting vital concepts in easy to digest bites ...she doesn't leave out the harsh realities and heartbreak many overzealous speculators face."
Reviews
Find Best Price at Amazon"I enjoyed reading it, found some great ideas, and feel that it has increased my bottom line."
"Carley does a great job of confirming/validating the idea of using options together with your core position."
"Very extensive, informative and well written by an author who obviously has a lot of first hand knowledge and experience."
"Carley Garner has done it again - another 5 star common-sense winner that is readable, easy-to-understand, as well as informative."
"This insight is based on her own experience in Commodity trading. Second things is: I felt that Carley was there reminding me of the big picture throughout the book (as it is easy to forget it when lost I details) even as she took me through necessary details of technical and fundamental analysis, seasonal tendencies of commodities, commitment of traders reports, trading strategies, heging, risk management, Margin considerations etc,. Next, in addition to giving the background-knowledge (static) for commodity trading Carley has given specific information (dynamic) how to keep up to date with the latest commodity reports, news and analysis by reading what her experience has taught her as the best and most reputed publications like HighTower publication."
"Being Carley a Pro, she covers in this book all aspects of trading I could think of, and most important, regardless your experience you will always find something worth reading again, or learning for first time, as it happened to me in most chapters."
"This book, gives you the information and the sources to be able to know exactly what info/reports the large traders are looking at to make their assumptions. And the small price they charge for it is easily recovered in just one trade."
"If you are new to trading it's a must, read it before you and your money go your separate ways The parts of the book I'm most impressed with is she is 100% honest Carly helps you to find additional resources that others do not and her detail is pretty much unmatched .The book covers many important areas that other books do not ."

The Options Playbook was created to demystify option trading and teach investors different option plays for all market conditions. For the first-time option trader The Options Playbook features a "Rookie's Corner," addressing the basic definitions and concepts you need to understand this market, tips to avoid common beginner's mistakes, and suggested strategies to "get your feet wet." This expanded 2nd edition includes 10 new plays and 56 new pages of handy content describing a brief history of options, five common mistakes options traders make and how to avoid them, an expanded glossary, how to manage option positions by rolling to a different month and strike, to explaining the difference between index and stock options, managing early exercise and assignment and how to calculate position delta and use it to manage overall position risk of a multi-leg option strategy. A veteran of the financial industry since 1992, Brian has served as an option trading specialist for Charles Schwab, a senior staff instructor for the Chicago Board Options Exchange (CBOE), and managed the training department for one of the world's largest market makers, Knight Trading Group. Brian has given over 1,000 seminars worldwide, written numerous articles on option trading and been interviewed by Bloomberg, CNBC, The Wall Street Journal , FOX Business and other financial media.
Reviews
Find Best Price at Amazon"I think this works very well as a reference book when you need to look up a specific play."
"It is a great book to learn from."
"I'd recommend everyone get this book, as it walks you through the basics for options trading in a very clear cut way and lays out the absolute essentials while avoiding confusion, and helps you pick the best trade for the play. This book is absolutely amazing in every way and I'd recommend it three times over to anyone considering options."
"Lots of good info."
"This book arrived quickly."
Best Futures Trading

The options investing bestseller--updated with new strategies to help generate income, hedge, speculate, and protect stock positions (and help with Series 7). Michael Sincere is the author of Understanding Options (McGraw-Hill, 2nd edition), All About Market Indicators (McGraw-Hill), Understanding Stocks (McGraw-Hill, 2nd Edition) Start Day Trading Now (Adams Media), and Predict the Next Bull or Bear Market and Win (Adams Media).
Reviews
Find Best Price at Amazon"I read Sincere's first edition of this book years ago - and never bothered much with options, Certainly not the more advanced strategies. This edition I bought electronic - easy to read and many links are included which make it nicer to move within the volume to various topics."
"It's a good book to have a general understanding of option trading."
"This book was informative, author was somewhat conservative to write on options."
"Very good book to get your feet wet on Options."
"A good read for those interested in learning about options trading."
"Good book that offers some strategies besides explanations."
Best Commodities Trading

Bernstein pulls back the curtain to reveal what really goes on in today‘s financial industry as he outlines a simple program for building wealth while controlling risk.Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of: The art and science of mixing different asset classes into an effective blend The dangers of actively picking stocks, as opposed to investing in the whole market Behavioral finance and how state of mind can adversely affect decision making Reasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors Strategies for managing all of your assets—savings, 401(k)s, home equity—as one portfolio Investing is not a destination. The Theory of Investing: “Do not expect high returns without risks.” The History of Investing: “About once every generation, the markets go barking mad. From the essential soundness of classic portfolio theory through the inherent wisdom of investing in multiple asset classes, The Four Pillars of Investing provides a distinctive blend of market history, investing theory, and behavioral finance to help you become a successful, self-sufficient investor.
Reviews
Find Best Price at Amazon"Money and time are the two things we struggle to manage."
"Bernstein takes extra effort to simplify the intimidating jargon of investing."
"I would recommend this book as a must read for anyone with a 401(k) or brokerage account."
"I consider this to be one of the top 4 books that every investor should read - including (perhaps especially) people who save via an IRA, 401(k) or any other long-term savings/investment plan."
"Best book on investing for the masses."
"A great book!"
"Insightful and well structured."
"On one page, fund managers are literally called Chimpanzees with a dartboard, then we are citing legendary fund manager XYZ on the next page, and then he goes down the rabbit hole of characterizing Warren Buffett and Peter Lynch as "lucky.""
Best Bonds Investing

In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in EconomicsA New York Times Bestseller. Winner of the 2000 Commonfund Prize for the Best Contribution to Endowment Management Research. has done more than any other economist of his generation to document the less rational aspects of financial markets." Shiller ranges widely his explanations, laying them out in the first 168 pages in easy-to-read, sometimes passionate prose. --Louis Uchitelle, New York Times Book Review. [I]t presents a message investors would be wise to head: Make sure your portfolio is adequately diversified. Save more and don't count on double-digit gains of the past decades continuing to bail you out during retirement." "Although its message may be unwelcome to many, this important book should be read by anyone interested in economics or the stock markets." "Shiller contends that investor psychology is so given to herd behavior that it's almost impossible to manipulate or even influence.
Reviews
Find Best Price at Amazon"The second edition, in 2005, added an analysis of the real estate bubble as similar to the stock market bubble that preceded it, and warned that "Significant further rises in these markets could lead, eventually, to even more significant declines." The good news is that, while Professor Shiller says that returns in all asset classes are likely to be subpar for some years given today's elevated asset prices, the mood is less somber than in previous editions, and there are no warnings of imminent doom, as in previous editions. In particular, he does not see a classic "bubble" in bonds, due to the lack of "exuberance" -- prices for bonds are being bid up reluctantly by investors, he says, which is not the formula for a bubble."
"As what he has to say runs counter to most of what passes for wisdom regarding the selling and buying of homes it's important for most households to consider what he has to say."
"Extraordinary summarization of key fundamental financial data on market performance utilizing an appropriate time horizon for the real creation and destruction of wealth as the sum of many decisions over a decade or longer period(s) in businesses, rather than the useless chatter provided in most market analysis."
"If you are interested in Behavioral Economics then I recommend Daniel Kahneman's Thinking Fast and Slow, Richard Thaler's Misbehaving, and this book."
"Anyway, if you are interested in reading non-mainstream economics, this book is for you."
"The author first mentioned the twelve precipitating factors. for a bubble. "New-era thinking' was another reason bubbles formed."
"written in 2005 but many suggestions are still relevant, especially his calculation of the P/E ratio (adjusted by his formula) of the the S&P 500."
"One of the best economic books I've ever read."
Best Investing Basics

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his poor dad,’ and the father of his best friend, the man who became his mentor and his rich dad.’ One man was well educated and an employee all his life, the other’s education was street smarts” over traditional classroom education and he took the path of entrepreneurship a road that led him to become one of the wealthiest men in Hawaii. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them").
Reviews
Find Best Price at Amazon"This is an enhanced reprint of the original, with additional study questions/ discussion and review added at the end of every chapter. Some key concepts of this book are: 1) Assets put money in your pocket even when you are on vacation. A great foundation book for beginning to improve your financial intelligence so that you don't work 4 or more month's of every year for the Tax man, more months for the banks that hold your mortgage and credit cards, and whatever is left making the company you work for wealthy."
"Read full summary of this book on my blog: imeducatingmyself.com/rich-dad-poor-dad-what-the-rich-teach-their-kids-about-money-that-the-poor-and-middle-class-do-not-by-robert-t-kiyosaki-book-review. Now, when I’ve read this book, I understand why this book got so many recommendation – it’s an excellent reading material. This book is also put my direction in another way, and that is section when it comes talking about assets and liabilities – I was more focused on how to afford myself a house in next coming years; but now, after I’ve read this book, I am more focused on getting things that are going to make me more money – Make Money Work For You, as it is said in book."
"Let your money work for you, if only that thought could be passed along in today's US education system."
"This is pretty good book for the absolute beginner into weath management."
"It only takes one great book to open your mind to something great and finally become someone that you truly want."
"It really got the juices flowing for me to use my brain, look at the bigger picture, and get out the rat race."
"This book has opened my mind to possibilities with money - That at some level I always knew existed but did not know where to start or how to use my mind to think about it."
"The content is easy to understand for people without a background in business and the book was is perfect condition when I got it."
Best Stock Market Investing

In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies: ABCD Pattern Trading Bull Flag Momentum Trading Top Reversal Trading Bottom Reversal Trading Moving Average Trend Trading VWAP Trading Support and Resistance Trading. For each strategy, I explain: How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop loss. Day trading is not gambling. That's How to Day Trade for a Living . If you just wanted to get started in day trading, following Andrew's guidelines gets you stated on the right foot. There are a lot of other books on day trading that just give you basic philosophy and market theory. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere. At the beginning of my trading career, a pharmaceutical company announced some positive results for one of its drugs and its stock jumped from $1 to over $55 in just two days. As such, I wake up early, go for a run, take a shower, get dressed, eat breakfast, and fire up my trading station before the markets open in New York. I am motivated when I sit down and start working on the list of stocks I will watch that day. This morning routine has tremendously helped my mental preparation for coming into the market. Whatever your routine is, starting the morning in a similar fashion will pay invaluable dividends. Sitting at your computer in your pajamas or underwear does not put you in the right mindset to attack the market. In this book, I use simple and easy to understand words to explain the strategies and concepts you need to know to launch yourself into day trading on the stock market. This book is definitely NOT a difficult, technical, hard to understand, complicated and complex guide to the stock market. You can monitor my screen in real time, watch me trade the strategies explained in his book, and ask questions of me and other traders in our chat room. I know you will learn much about day trading and the stock market from studying my book.
Reviews
Find Best Price at Amazon"In other words -- the information seemed useful, but I wasn't sure OF the author's genuine intentions (to write a great book, versus suck people in for long-term profits). Aziz offers his readers a few recommendations relative to "tools of the trade," and given this was my first experience with this sort of text -- I was caught off guard by some of what felt like self-promotion from within... Yup, as "good" as CANSLIM has (apparently) proven itself over the years, IBD not only sucked me in -- but they continue to annoy the heck out of me -- AS A PAID SUBSCRIBER -- by constantly inundating me with ads... Her "tools," by the way, are actually pretty useful... My point though, is this: Though these authors (obviously) have something to gain by increasing their follower-ship, they are also simultaneously recommending invaluable resources for ANY "trader" genuinely interested in succeeding in this business. Believe it, or not, the guy (Aziz) would be doing his readers a disservice if he didn't recommend (and/or offer) tools for success... My experiences so far: Chat Room: When I first stumbled into his chatroom, I was caught off guard. I think I was expecting some sort of forum-based venue, where newbie's like me could browse topics of interest, ask redundant questions, and receive "platinum" membership status for posting 1 billion times... And when he (Aziz) loses money on the day, it speaks volumes toward: 1) Everybody is capable of failing, and even a professional trader has risk/reward factors to consider, and 2) he's not pretending to have a "secret sauce" that will guarantee billions of dollars overnight! To be honest, I never imagined I'd put forth any sort of tangible effort into a simulator (it was "beneath me"), but now that I have the experience -- I'm soooooooo glad that I humbled myself, and took his advice! I would also argue that Aziz cuts a lot of unnecessary fluff, and focuses on providing advice that actually works; rather than just including pages of theory in an attempt to convince us of his acumen. I'm now thankful that Aziz made it a point to help guys like me consider the "big picture" ---- while holding our hand(s) along the journey ---- before my accounts were wiped away like an open bag of leaves on a gusty day!"
"Scanning for stocks in play and trading unknown stocks is an approach I have resisted for my entire career but I think I have to go there now. There is also good information on other topics for real beginners such as the importance of risk management, emotional control which are important."
"That being said, this was the first opportunity to be exposed to what I was lacking (the discipline aspect of what a successful trader needs to do each and every day). On the flip side, he provides you the blueprint on how to overcome these pitfalls and establish the level of confidence to make a living and thrive as a day trader."
Best Mutual Funds Investing

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a “Backdoor Roth IRA” and “Stealth IRA” to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation. “Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research.” – William J. Bernstein, MD , Author of The Investor’s Manifesto and seven other investing books. As a medical resident, he grew tired of being ripped off by unscrupulous financial professionals including mutual fund salesmen, insurance agents, realtors, mortgage lenders, and stock brokers and began educating himself on the ins and outs of personal finance and investing. Now he shares his wisdom with medical students, residents, physicians, dentists and similar high income professionals so they can free themselves from debt, quit worrying about money, build wealth, live “the good life,” and get back to practicing medicine on their own terms.
Reviews
Find Best Price at Amazon"All premed students should read this book!"
"this book is pretty simple but it does a good job of introducing key concepts and providing insight into the specific financial pressures of healthcare."
"Unfortunately, physicians and high-income professionals can be susceptible to unscrupulous sales tactics due to a lack of financial education and money management."
"Seems to be a must-read for physicians in investing."
"As described on the whitecoatinvestor.com, this book is a great introduction for those of you interested in getting up to speed on the basics."
"Definitely recommend this book to medical/dental students."
"I really appreciate how this book focuses on how you can really mess things up, and how to avoid doing those things."
"A great overview of personal (& some business) finances and investing, especially for physicians."