This video is "must-viewing" for any investor looking to move beyond the realm of options theory - into the world of option profits. Learning what to expect, and how to react, are the real keys to option trading success.
McMillan shows you what to do in typical tough spots - and how to avoid them in the future. Master his methods for ... - Using put-call ratios as a critical timing tool - Picking the right option for your trading style & goals - Deciding how many dollars to risk - Determining the correct number of options to buy - Creating a scenario for covered call writing play. Not a "how to trade" course - this presentation is a "what to do" playbook, as McMillan focuses on fresh methods and tactics you need to make every trading move a winner.
I includes - Recognizing the classic "disaster pattern" in covered call writing - How the underlying "Delta" impacts your trading strategies - Understanding - and using - "what if" analysis.
I particulalry liked 'How to avoid running with the crowd' because new investors get caught up in this trap. For example- Tim Sykes is going to be right when he has thousands of people following his options- of course its going to spike. He gets out quick and everyone else is left swimming in the cesspool he has left behind. Read this book to spot those capitilsing from your investment.
With its comprehensive online companion this video is must viewing for any investor.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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