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The Option Trader’s Hedge Fund: A Business Framework for Trading Equity and Index Options
book

The Option Trader’s Hedge Fund: A Business Framework for Trading Equity and Index Options

by Dennis A. Chen, Mark Sebastian
May 2012
Beginner
240 pages
4h 57m
English
Pearson
Content preview from The Option Trader’s Hedge Fund: A Business Framework for Trading Equity and Index Options

10. Operating the Business: Putting Together TOMIC 1.0 from A to Z

Is there a secret sauce for making a successful option trading business? There is. One of the best books on learning to be a salesman is You Can’t Teach a Kid to Ride a Bike at a Seminar, by David Sandler. As the title of his book conveys, you probably will not learn everything that you need if you don’t trade. You will need to trade many times until you learn how to be consistent and make money.

In this chapter you’ll find guidelines for operating TOMIC. To succeed at TOMIC, it takes commitment, dedication, and practice. So far, you have reviewed the ingredients. You have examined the most used trades: vertical spreads, calendar spreads, iron condors, butterflies, and ratio spreads. ...

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Publisher Resources

ISBN: 9780132823432Purchase book