tailieunhanh - The option trader s guide to probability volatility and timing phần 6

Ở đây, tùy chọn có thể được sử dụng để tối đa hóa lợi nhuận, nhưng các mối quan tâm khác cụ thể để kinh doanh lựa chọn phải được xem xét. Hình mô tả tín hiệu giao dịch cho Intel từ một hệ thống trendfollowing. | More free books @ Chapter 11 OVERVIEW OF TRADING STRATEGY GUIDES In the long run no one makes money trading options by being lucky. If you hope to succeed over time you must understand what it takes to succeed and apply those key principles consistently. So far we have discussed the most important concepts associated with successful option trading. Another key element in trading success is knowing which trading strategy to apply in a given situation. Many option traders are one-trick ponies They either buy calls and puts or they write covered calls or they employ some other pet strategy and this amounts to the sum total of their option-trading knowledge. This is unfortunate given the myriad possibilities available to the savvy trader. The trader who can examine a situation and decide which strategy will maximize the opportunity is the trader who stands the greatest chance of real success in the long run. The Two Key Elements in Selecting a Trading Strategy Appendix A contains an outline of my PROVEST Option Trading Method which incorporates five key elements to aid in trade selection. In the following chapters on strategy all the relevant criteria for a given strategy are discussed. For now however our 131 More free books @ 132 The Option Trader s Guide goal is to simplify the option-trading process. When you boil it all down there are two key elements that a trader must consider when choosing the proper trading strategy for a given situation. One of those elements is volatility. As discussed in detail volatility is an extremely important consideration because the level of volatility for a security at a particular point in time tells you whether the options on that security are cheap expensive or somewhere in between. With this information you will be able to decide whether you are better off buying premium or selling premium at this moment. The other key element is a trader s own opinion on price direction. When assessing the .