Trade Your Way to Wealth

Released on by Bill Kraft
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  • Trade Your Way to Wealth Book Detail

  • Author : Bill Kraft
  • Release Date : 2011-01-04
  • Publisher : John Wiley & Sons
  • Genre : Business & Economics
  • Pages : 254
  • ISBN 13 : 1118045084
  • File Size : 13,13 MB
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Trade Your Way to Wealth by Bill Kraft PDF Summary

Book Description: Successful trader and advisor Bill Kraft shows how to trade the financial markets in a way that limits risk and provides the potential for big profits. Kraft, who left a successful law practice to become an independent trader, explains his own educational process and how he arrived at a trading approach that primarily uses options to generate consistent income, limit risk, and participate in big market moves. In simple and down-to-earth language, Kraft explains a variety of strategies including buying and selling options; covered call writing; collars; using closed end mutual funds for income; debit spreads, volatility-based straddles; ratio backspreads; condors; and calendar spreads. Kraft emphasizes that traders need to first develop a sound and reasonable business plan ? in the same manner that any entrepreneur would plan a new business. Armed with the strategies explained in the book and a solid business plan, traders will have a blueprint for generating consistent profits in a relatively stress-free and efficient manner.

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