Real Estate

get rich with options book review

I have been trading options for a few years now and gradually discovered that I can make a profit in any market, be it up, down or sideways. My trading results were mixed after reading a few options trading books. I was looking for consistency in generating income on a monthly basis, achieving a higher win percentage and a higher probability of winning trades. So I looked to see if there is another book or course that can teach me how to meet my investment goals. I sat through an options trading seminar talking about the course they offered. However, I found that it was not what I was looking for; they simply gave an overview of all strategies with historical examples, similar to what I have already learned and read in books. I didn’t sign up for any of the courses because the cost was too high and I’m not improving my business skills, it’s a real waste. I was serious about my investment goals and wanted to see better results, so I shopped online at Amazon.com and found this book called “Get Rich With Options” by Lee Lowell. There are so many hidden gems in this book that put a big smile on my face. In this book, you can find information about:

  • Options Basics Include: Call, Put, Pricing, Volatility, Stock vs. Options, Put Options
  • Four foolproof winning strategies to make you a lot of money. One more bonus strategy that Lee uses exclusively when he was trading in the pits of the New York Mercantile Exchange (NYMEX)
  • Get Ready to Trade includes: tools, valuable websites, broker selection and their commission structure

After reading this book, I discovered that out of all the options strategies, only a few of them give you a high probability of profit and consistently make you money. It is not as difficult as I previously thought. I like to recommend this book as a must read for beginners and experts who want to take options trading seriously and take it to the next level. This book should be on every option trader’s shelf. The author takes a complex idea or strategy and explains it simply and concisely step by step. Lee was once a professional options trader on the floor of NYMEX. After leaving the flat, he started and currently runs his own home trading business. The value of this book lies in Lee’s perspective as a trader, who has executed so many successful and highly profitable trades to survive in the tough trading pits of NYMEX. Two things I like the most are the honesty and clarity with which Lee reveals his surefire winning strategies, as well as giving us an insight into the ins and outs of a market maker. Lee has also silenced critics over the title of his book, showing them that his strategies, when applied correctly, will make anyone rich over time. The best thing is that I have obtained immediate profits by implementing his strategies. Thank God I found this book.

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