Review: New to the market or not, this book can explain it all simply and thoroughly.
Rating: 5 out of 5
Date: 01 30, 2014
Everyone knows the stock market moves in two directions, up and down, and a lot of people know that money can be made both ways. Kapur uses this book to show exactly how the mechanics works for making money as a market goes down as well as up. The ideas are presented with a little bit of technical jargon, which is adequately explained, but you'll need to wade through it a little. The important thing here is that the reader walks away with a clear understanding of how to structure trading to take advantage of whatever market trends present themselves, and how to avoid, or quickly resolve, losses.This book can be used by anyone, even if you've never traded options before, though it could be a little intimidating unless you have already gotten your toes wet in trading. If you've tried to trade options and lost money, then this book is a must read to clarify exactly what options are, and how to perceive them. That's really what its all about, perception. The mechanics are interesting, but the main effect of having them explained is that the book presents several ah-ha moments when you'll realize exactly how those who make lots and lots of money perceive the stock market.