DESCRIPTION

(From The Jacket) – For years, would-be traders have been trapped between a rock and a hard place when it comes to learning the markets. You can try and find an expert to shadow or open an account and go for broke, hoping you learn enough to stay afloat before your money runs out. At best, you might be able to choose “none of the above” and have faith that by reading your way through a library of dense tomes on specific trading topics you’ll come out the other side with at least a vague understanding of how the markets work.

Or you can get this book.

“Trading by Numbers: Scoring Strategies for Every Market” provides the in-depth coverage you’re looking for along with the practical edge you need to turn theory into reality. Tackling one of the biggest challenges facing retail traders — knowing which strategies to employ and when — it presents a unique two-dimensional scoring system for determining how bullish or bearish a trade setup looks.

Providing structure for your analysis, the authors explain how trend and volatility are the two key dimensions of the market that any trader must understand in order to make intelligent trading decisions. The book presents a scoring system comprising both a trend score and a volatility score that makes it easy to remove emotion and personal preferences, which can cloud your judgment, to help you take an honest look at what the market is trying to tell you. Based on the score each trading opportunity yields, the authors provide a toolkit of option strategies tailored to meet the requirements of the specific trade, removing the guesswork and giving you a solid, reliable guide to the markets.

Including in-depth coverage of specific strategies — Covered Calls, Straddles and Strangles, Iron Condors, and many others — “Trading By Numbers” incorporates stories and examples to bring concepts to life by showing them in action. Highly adaptable, the book can be read from cover to cover or on a chapter-by-chapter basis as needed, making it the essential user’s manual for market traders.

TABLE OF CONTENTS

• Chapter 1 – Market Scoring
• Chapter 2 – Trend Scoring
• Chapter 3 – Volatility Scoring
• Chapter 4 – Protecting Your Position
• Chapter 5 – Covered Calls
• Chapter 6 – Long Calls
• Chapter 7 – Long Puts
• Chapter 8 – Straddles And Strangles
• Chapter 9 – Debit Spreads
• Chapter 10 – Cash-Secured Puts
• Chapter 11 – Credit Spreads
• Chapter 12 – Horizontal Spreads
• Chapter 13 – Diagonal Spreads
• Chapter 14 – Index Options
• Chapter 15 – Butterfly Spreads
• Chapter 16 – Iron Condors