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Options 101: A Beginner's Guide to Trading Options in the Stock Market by Steve Burns and Holly Burns is a concise, accessible introduction to options trading designed for beginners. Published in 2016, the book covers the fundamentals of options, including how options work as trading tools, pricing, and the Greeks (which measure risk factors). It also addresses common mistakes new traders make and emphasizes risk management strategies to help protect capital and reduce stress.
The authors share practical advice on developing a profitable trading edge and the mindset required for success. The book includes insights on weekly options, selling option premium, and how not to use options, making it a solid foundation for those new to options trading. While brief, it provides clear explanations and encourages readers to build a strong trading foundation before diving deeper into more complex strategies.
Readers appreciate its straightforward style and consider it a useful starting point for understanding options basics and avoiding pitfalls that can lead to significant losses. It is especially recommended for traders looking to gain confidence and practical knowledge in options trading.
In summary, Options 101 is a beginner-friendly guide that demystifies options trading, helping new traders learn essential concepts, manage risk, and develop a disciplined approach to trading options profitably
Options 101: A Beginner's Guide to Trading Options in the Stock Market by Steve Burns and Holly Burns is a concise, accessible introduction to options trading designed for beginners. Published in 2016, the book covers the fundamentals of options, including how options work as trading tools, pricing, and the Greeks (which measure risk factors). It also addresses common mistakes new traders make and emphasizes risk management strategies to help protect capital and reduce stress.
The authors share practical advice on developing a profitable trading edge and the mindset required for success. The book includes insights on weekly options, selling option premium, and how not to use options, making it a solid foundation for those new to options trading. While brief, it provides clear explanations and encourages readers to build a strong trading foundation before diving deeper into more complex strategies.
Readers appreciate its straightforward style and consider it a useful starting point for understanding options basics and avoiding pitfalls that can lead to significant losses. It is especially recommended for traders looking to gain confidence and practical knowledge in options trading.
In summary, Options 101 is a beginner-friendly guide that demystifies options trading, helping new traders learn essential concepts, manage risk, and develop a disciplined approach to trading options profitably
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