Download Trade options online by George A. Fontanills PDF

By George A. Fontanills

WARNING!!!I came upon this publication to be rather well written and conscientiously prepare. that's till I received to bankruptcy 6 during which i discovered obtrusive error. for instance, the outline of the bull placed unfold is written such that the writer has used various strike costs all through his instance, leading to an unreadable, complicated mess. this is often unlucky as i feel that if the writer or his writer had taken the time to evidence the e-book, those examples must have been corrected. keep your cash and locate one other publication to take advantage of as an creation to strategies buying and selling.

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By George A. Fontanills

WARNING!!!I came upon this publication to be rather well written and conscientiously prepare. that's till I received to bankruptcy 6 during which i discovered obtrusive error. for instance, the outline of the bull placed unfold is written such that the writer has used various strike costs all through his instance, leading to an unreadable, complicated mess. this is often unlucky as i feel that if the writer or his writer had taken the time to evidence the e-book, those examples must have been corrected. keep your cash and locate one other publication to take advantage of as an creation to strategies buying and selling.

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Extra resources for Trade options online

Example text

I discuss risk management in the final chapter of the book; in the meantime, it cannot be understated. Always look to protect your capital by using strong risk control techniques. Try to place yourself in a position to profit by choosing trades with limited risk and plenty of time to P1: OTE c01 JWBT052-Fontanills 20 December 30, 2008 13:15 Printer: Courier Wetford trade options online mature to profitability. And finally, have an exit plan already in place before placing a trade. The lack of a profit and loss plan is like not having a fire escape route—don’t get burned!

The most important factor is reliability. Don’t wait to get online before finding out how often the server fails. If you are trading online, outages can cost you money. Call a few ISPs and ask them a few questions, such as how much mail can be received before your mailbox is full. Is there an extra charge for a personal Web page? Make sure you keep track of how long you had to sit on hold waiting for a live customer service representative. Ask your friends about their experience with the reliability of their ISP and make an informed choice.

Once you decide what kind of information is necessary to your trading process, you can easily find it on the Internet at either a free site or one that charges a small subscription fee. Do not underestimate the importance of choosing wisely when it comes to your Internet connection. Prices on hardware and software have come down so much that it makes little sense to try to trade without the latest technology. Once you’ve made your purchases and hooked everything up, you’re ready to go online and take your first steps toward financial independence.

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