Review: Pretty Good Read
Rating: 5 out of 5
Date: 04 8, 2014
I enjoyed reading this book. I like the explanation and the image. The break down and examples were very helpful. I feel that I have a better understanding of Bear Put Spread! There are some aspects that I can implement in my own trading. The breakdown of ATM and OTM was helpful as well. I can see how that option can assist with a possible downfall. No one likes them, but they can happen. In that event, at least there is a possibility of some profit doing the Bear Put Spread. Nothing is guaranteed, like the book said. Several times. The only issue I can find is that the disclaimer was redundant, not so much so that this book deserves less than a 5 star rating.  I can understand that someone don't want to be liable for the decisions other people make and they make those decisions solely on their own. People need to think for themselves and be accountable. Apparently some people want someone to blame for their failures, so Mr. Young had to indicate several times in this book that trading is a personal risk and there are no guarantees. I feel horrible that the C.Y.A. aspect has to be so redundant. Nonetheless, a great read.