Trade Your Way to Wealth: Earn Big Profits with No-Risk, Low-Risk, and Measured-Risk Strategies by Bill Kraft

Trade Your Way to Wealth: Earn Big Profits with No-Risk, Low-Risk, and Measured-Risk Strategies by Bill Kraft
Item# 10031310706
Retail price: US$60.00
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Trade Your Way to Wealth: Earn Big Profits with No-Risk, Low-Risk, and Measured-Risk Strategies

by Bill Kraft

Wiley Trading Adobe E-Book April 2008

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.

AUTHOR INFORMATION:

Bill Kraft practiced law for more than thirty years before embarking on a second career as a trader. As he became proficient at trading, Kraft began helping others to trade, which eventually led him to create a seminar company, Cutloss, Inc., and to write about trading. Kraft is Editor of three online newsletters: Under $10 Trader, Option Trader, and Trend Trader, which are published by MarketFN.com, and a weekly newsletter alert, which is sent to about 75,000 people.