Trading by Numbers: Scoring Strategies for Every Market: 539 (Wiley Trading) - Tapa dura

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Rick Swope is a cofounder of Pro Market Advisors, which specializes in premier investment education and trading consultation services for retail and institutional clients such as E*Trade Financial Corporation, the Options Industry Council, and the International Securities Exchange. Previously, he was the co-owner and managing partner of one of the first online trading firms. He is the coauthor of The Market Guys' Five Points for Trading Success (Wiley).

W. Shawn Howell is a cofounder of Pro Market Advisors. He spent a decade working with Charles Schwab's most affluent and sophisticated traders as well as managing teams of specialized brokers. In 2005, Shawn concluded his tenure as the divisional manager of Schwab's Active Trader Field Team to teach currency, stock, option, and technical trading strategies across North America for Investools. In 2007, he became the Managing Director of the forex enterprise for Thinkorswim Group Inc. In 2009, Shawn and longtime friend Rick Swope cofounded Pro Market Advisors.

De la contraportada

Praise for Trading by Numbers

"Rick and Shawn's style of identifying trading opportunities is straightforward and simple to follow. They have done a terrific job of explaining the concepts of their proprietary approach and building upon those ideas in each chapter of Trading by Numbers. Experienced traders and beginning traders will take away solid trading strategies as well as important trade management techniques from this book."?DAN GRAMZA President, Gramza Capital Management

"In Trading by Numbers, Rick and Shawn take a useful and practical approach in educating individuals who are considering using options in their personal portfolio. Rick and Shawn are at the top of their profession as far as educating the public on practical uses of options. Trading by Numbers does an excellent job taking their approach and putting it into words."?RUSSELL RHOADS, CFA Instructor, CBOE Options Institute

"Fear of the unknown?we all have it. Nothing seems more complex, confusing, and unachievable than options trading. Trading by Numbers eliminates that fear, simply and clearly removing the mystery and showing you how, one step at a time, to trade like an options pro."?TODD KANE CEO, Cayrum

De la solapa interior

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, created by accomplished market educators Rick Swope and W. Shawn Howell.

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.