Options Made Easy: Your Guide to Profitable Trading (2nd Edition)

asked by vegaswinner on October 31, 2006 2:29 AM

"In Options Made Easy, Second Edition, Guy Cohen clearly explains everything you need to know about options in plain English so that you can start trading fast and make consistent profits in any market, bull or bear!

Simply and clearly, the author reveals secrets of options trading that were formerly limited to elite professionals¿and exposes the dangerous myths that keep investors from profiting.

As you set out on your options journey, you'll learn interactively through real-life examples, anecdotes, case studies, and pictures. Guy Cohen is your friendly expert guide, helping you pick the right stocks, learn the right strategies, create the trading plans that work, and master the psychology of the winning trader.

Master all the essentials¿and put them to work Options demystified so that you can get past the fear and start profiting! Learn the safest ways to trade options Identify high-probability trades that lead to consistent profits Design a winning Trading Plan¿and stick to it Understand your risk profile and discover exactly when to enter and exit your trades Choose the right stocks for maximum profit Screen for your best opportunities¿stocks that are moving¿or are about to move Discover the optimum strategies for you Match your trading strategies to your personal investment goals No bull! The realities and myths of the markets What you must know about fundamental and technical analysis The easy, plain-English guide to making consistent profits with options!

Teaches all the essentials with real-life examples and crystal-clear explanations

No complicated math or confusing jargon: Learn visually with easy-to-understand pictures!

Identify high-probability trades, and design a Trading Plan that works

Master practical, easy strategies for succeeding in any environment¿even bear markets

Updated for today's markets with even more dynamic graphics, intuitive explanations, and valuable information!

For every investor interested in trading options

When you read this book, you'll be amazed how quickly you understand options¿and how quickly you can start profiting from them!"

Buy this book

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Reviews

While this book does a good job in explaining several common option techniques, the title is somewhat misleading as I don't think a subject as complicated as options trading can ever be "made easy." Reading the book is much like reading a text book or an owner's manual. The author does a good job in boiling down the strategies to their essence and presents them in multiple ways so that people who learn graphically instead of by reading can pick up the strategies easier. The book's shortfall is that it spends a lot of time discussing investment basics such as fundamental analysis and technical analysis. While those are certainly important, I would have preferred that more time been spent on discussing different options strategies because if a person doesn't already know a fair amount about analyzing stocks he has no business trading options in any event. Still, I view this as a handy reference tool and expect that I will refer to it regularly. It is the best book on the subject that I have ever read and unlike a lot of strategy books, does not waste a bunch of your time by trying to suck more money out of you by selling you a proprietary trading product.

reviewed by advisor on November 18, 2006 8:57 PM

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This book did a decent job of explaining some of the basics and then some less advanced techniques when it comes to options strategies and hedging. The graphs were helpful. I would have liked to see more real world examples and how these different strategies play out. I gave the book an above average rating because I thought it was a decent technical book, which I like, vs. other boods that I've read where there is more fluff and useless stories of the authors big wins etc. I would recommend this book to someone with a little experience in options who wants to take the next step. There are probably books out there that are better for the more advanced strategies that one can use with options.

reviewed by freedrink on November 28, 2006 5:21 PM

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Options Made Easy is a great book for learning about Options.

Clearly written with great illustrations, the book is useful for options traders of all levels. The book is very well organized and explains a great deal about the stock markets in general, not just options.

Guy Cohen is an expert. He knows his subjects very well. More importantly, he has the gift of teaching and writing. He makes boring stuff interesting!

This book is a must have. I also strongly recommend Guy's second book, "The Bible of Options Strategies".

Guy's site: [...] is also an excellent resource for educational information.

reviewed by vcedwards on November 29, 2006 3:16 PM

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This was my first options book. It has a lot of great information and is a great book to start learning options with.

reviewed by flow on November 29, 2006 4:17 PM

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add a new book!