Trading by Numbers: Scoring Strategies for Every Market

Book description

Get the E*Trade experts' inside track on playing the markets

For retail traders, knowing which possible strategies to employ when has always been a challenge. That is, until now. For the first time, popular E*Trade educators Rick Swope and Shawn Howell introduce their two-dimensional scoring system for determining how bullish/bearish a trade setup looks by reading charts. In Trading by Numbers, they present a scoring system that uses a trend score and a volatility score, removing the guesswork and giving you a solid guide to the markets. Based on the score, the authors provide a toolkit of option strategies that are best to execute in each specific situation. Using common indicators and patterns, the book provides analysis for choosing your right strategy while managing risk.

  • Authors Swope and Howell are accomplished market educators and their partners are the leaders in trading and investing, including E*Trade, CBOE, OIC, NYSE, NASDAQ OMX, CME and ISE

  • An easy-to-use guide that will help you make the best decisions in any situation, the book is essential for traders at all levels

  • Trading by Numbers outlines a proprietary market scoring system that helps traders determine the best option strategies to execute in any market climate.

Table of contents

  1. Cover
  2. Series
  3. Title Page
  4. Copyright
  5. Dedication
  6. Acknowledgments
  7. Introduction
  8. CHAPTER 1: Market Scoring
    1. INTUITION CAN BE HIGH TUITION
    2. THE ROLE OF TECHNICAL ANALYSIS
  9. CHAPTER 2: Trend Scoring
    1. TREND-SCORING SYSTEM
  10. CHAPTER 3: Volatility Scoring
    1. VOLATILITY OVERVIEW
    2. VOLATILITY SCORING SYSTEM
    3. KNOW THAT YOU DON'T KNOW
  11. CHAPTER 4: Protecting Your Position
    1. SEVEN KEYS TO RISK MANAGEMENT SUCCESS
    2. THREE LEGS OF MANAGING RISK
    3. SETTING STOPS
    4. SAFETY IN NUMBERS
  12. CHAPTER 5: Covered Calls
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  13. CHAPTER 6: Long Calls
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. LEAPS
    5. STRATEGY APPLICATION
  14. CHAPTER 7: Long Puts
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. SPECULATIVE PUTS
    5. COLLARS
    6. STRATEGY APPLICATION
  15. CHAPTER 8: Straddles and Strangles
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION—STRADDLE
    3. STRATEGY MANAGEMENT
    4. STRATEGY IN ACTION—STRANGLE
    5. STRATEGY APPLICATION
  16. CHAPTER 9: Debit Spreads
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  17. CHAPTER 10: Cash-Secured Puts
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  18. CHAPTER 11: Credit Spreads
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  19. CHAPTER 12: Horizontal Spreads
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  20. CHAPTER 13: Diagonal Spreads
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  21. CHAPTER 14: Index Options
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY EXECUTION
  22. CHAPTER 15: Butterfly Spreads
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  23. CHAPTER 16: Iron Condors
    1. GETTING TO KNOW THE STRATEGY
    2. STRATEGY IN ACTION
    3. STRATEGY MANAGEMENT
    4. STRATEGY APPLICATION
  24. Appendix: Strategy Profit and Loss Diagrams
  25. About the Authors
  26. Index

Product information

  • Title: Trading by Numbers: Scoring Strategies for Every Market
  • Author(s):
  • Release date: March 2012
  • Publisher(s): Wiley
  • ISBN: 9781118115077