Confessions of an Options Strategist: A Winner's Guide to Profitable Option Trading

Description

148 pages
Contains Illustrations
$19.95
ISBN 0-88882-084-4

Publisher

Year

1985

Contributor

Reviewed by Stephen J. Kees

Stephen J. Kees was Chief Librarian, Niagara College of Applied Arts and Technology, Welland, Ontario.

Review

Many of us dream of making a fortune by investing in stock exchange securities, but few of us do so because we perceive that we do not have the initial capital to begin. This book shows how, with the expenditure of time and effort, we can go some way towards remedying this situation. The intelligent use of the options market will in fact enable one to make a profit in the stock market whether the stock selected moves up or down in price.

The author is employed by a leading stock brokerage firm in Toronto, where he specialises in the options market. His lucid explanations and the rules he sets out for success are easy to understand even if we do not have the time or effort required to make the exercise a success.

While a diligent application of these rules will not enable one to make a great fortune very quickly, if they are applied with the exercise of common sense and accurate mathematics, they could provide a steady increment to one’s other resources.

 

Citation

Gluskin, Alexander M., “Confessions of an Options Strategist: A Winner's Guide to Profitable Option Trading,” Canadian Book Review Annual Online, accessed December 13, 2024, https://cbra.library.utoronto.ca/items/show/35544.