Read Online and Download Ebook The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads.
Keep progress to see just what you can do even more. Still have no idea? We both make certain that everybody has various means and quality in undertaking their life. Nonetheless, the goal will certainly be commonly as the very same. Several will certainly need to get the brand-new discussions to obtain the recognition. However, in supplying information, it will limit on the sources. By doing this can use the misunderstanding system for communicating.
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads.
Where you could find the The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. conveniently? Is it in the book shop? On-line publication store? are you certain? Keep in mind that you will certainly find guide in this site. This publication is really referred for you since it provides not just the experience yet also lesson. The lessons are extremely important to offer for you, that's not concerning who are reading this publication. It has to do with this book that will certainly give wellness for all individuals from lots of societies.
When it needs considerations to pick such publication to read in describing the major problem that you have now, you have to attempt with this book. The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads., nevertheless, ends up being an extended publication doesn't suggest that this publication is hardly attentively. You could alter your mind gone about the most effective publication will feature the most hard language as well as words to recognize. This case will of course make nonsense for some people.
To obtain this book The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads., you might not be so confused. This is on-line book The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. that can be taken its soft documents. It is different with the online book The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. where you can buy a book and afterwards the vendor will certainly send out the printed book for you. This is the area where you could get this The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. by online and after having take care of acquiring, you can download The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. alone.
Having this publication but never aiming to review is kind of nonsense. You have to read it also couple of. Reviewing by few is really better than nothing. You could delight in analysis by starting in the extremely enjoyable time. The moment where you can truly filter the information called for from this book. The The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies For Supplemental Or Retirement Income Investing (or Trading ... Bear Call And Bull Put Vertical Spreads. will certainly be so helpful when you truly comprehend exactly what really this publication provides. So, locate your on way to see how your selection about the new life within the book.
DESCRIPTION THE MONTHLY INCOME MACHINE:Newly expanded 4th edition | 2018 COMPLETE CREDIT SPREAD & IRON CONDOR TUTORIAL for Options IncomeThe definitive options trading strategy for risk-adverse investors seeking substantial monthly income. OPTION TRADE SCREENER STRATEGY for Identifying and Managing High-Probability, Reduced-Risk Trades "The Monthly Income Machine" is NOT just another book defining option terms & general strategies. Instead it provides a detailed, income-oriented blueprint specifying exact trade entry & management rules for locating ideal bull put and bear call spread candidates The trading technique targets a ROI of up to 4-8% per month through systematic trade identification criteria and trade management guidelines. FOLLOW UP COACHING AND SUPPORT INCLUDED Purchase of "The Monthly Income Machine" includes registration for receiving - at no added
Your recently viewed items and featured recommendations
›
View or edit your browsing history
After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in.
Product details
Paperback: 106 pages
Publisher: Dorian Products LLC; 4th edition (July 1, 2010)
Language: English
ISBN-10: 0615536913
ISBN-13: 978-0615536910
Package Dimensions:
11 x 8.5 x 0.3 inches
Shipping Weight: 1.1 pounds
Average Customer Review:
4.7 out of 5 stars
320 customer reviews
Amazon Best Sellers Rank:
#227,169 in Books (See Top 100 in Books)
I have been trading for over 30 years and have made money and lost money trading options. I was exposed to credit spreads in the mid 1990's and although I understood the concept, I didn't have a set of "rules" to govern my trades. Lee's book provides a set of rules in a simple and understandable fashion which if followed, will lead to profitable trades. The concept that 80% to 90% of options expire worthless but that someone is making money is absolutely true. The seller of those options is making the money 80% to 90% of the time and the basis for credit spreads and iron condors is selling options. I have used the system for a short period of time in a small account that I have with Ameritrade and it has been successful. I am so confident that it will be successful over the long term that I am transferring all my IRA accounts into my Ameritrade account to begin using Lee's system as soon as possible.
Somebody here said the book was overpriced. I totally disagree. It's less than $100. Where would you find a complete training course on how to make consistent living working a couple of hours a day from your home for that price?The book in itself teaches you a strategy about trading options that I have seen before, so not really a new "fad" but a proven system that makes a lot of smart people happy today and have in the past. However, what's really different from the other material I have seen around is that this guy takes a "grandfather" approach and explains everything in plain words, slowly, repeating key concepts many times so that you, the inexperienced guy can finally understand it. I have some background in trading and options and this gentleman made it even easier for me to sum-it-all-up and finally get it. I just hope he will hang around for long enough so all of us can make some nice money with his newsletter.
I liked the book very much because it describes a very conservative and safe method for entering into both Bull Put and Bear Call credit spreads on several well known underlying stocks, indexes and ETFs. If the entry rules described in the book and "white papers" written by its author are followed to the letter, the system allows the average investor or trader to attain a high percentage of successful credit spreads trades month after month, with a minimum of 0.25 credit points per spread contract and in fact, it is often possible to double this minimum credit with the same margin requirement by combining a Bull Put with a Bear Call spread on the same underlying in a strategy known as an "Iron Condor". Lee even offers a comparatively low cost monthly subscription ( for less than the cost of the "proverbial daily cup of coffee") where he provides a long and detailed list of trading opportunities using his method that are based on every Friday's closing prices on the selected underlying stocks, indexes or ETFs.
Skip this book--it is shallow in the info it provides. Instead buy "Profiting with Iron Condors Options" by Michael Hanania Benklifa. It is a far superior book. I am a student of these brilliant people: Natenberg, McMillan, Cottle, and Sinclair. The four guys, as any one knows, have written amazing books. Also, Finberg is unavailable as far as I could tell--try getting him on the phone--I couldn't--he even stopped answering my emails?? But he will certainly take your PayPal payment for a monthly service that has no clarity what exactly he provides. I am an independent unknown daily trader and have no financial affiliation with any of these people.
I found the book very helpful. The only caveat is that there is a danger in using iron condors on individual stocks even if you carefully avoid earnings season. There can be news at ANY time that will cause the stock to move rapidly. For example, I made a trade on an oil related stock (refiner I believe) as suggested and within a few hours the Obama administration announced it would soon be OK to export US oil products (not the crude) and the stock plummeted and wiped out the trade and then some. In other words...... weight your trades more heavily in the indexes the Lee suggests.One of the best things is Lee does is that the trades are conservative.... you won't get rich overnight but if you take a diversified conservative approach to the type of trades Lee suggests you will make income..... continuous income will eventually make a difference.
I purchased this in June of last year and suffice it to say I am impressed. This book is about conservative investment strategies that not only put the odds in your favor for achieving a winning trade but also give you a low-risk in losing. I say low-risk, not no-risk. There is always risk but Lee Finberg's methods reduce that risk substantially. The strategies he outlines will not make you rich over night or even very quickly. Instead they are designed to provide you with an income stream that you can truly depend on. Let's face it, we will all reach an age when we will be too old and frail to work. What I like about these strategies is you can do them even in retirement and it takes very little time. The book outlines everything from how to get in to when to get out. I highly recommend it!
I've read the Monthly Income Machine to learn the parameters Finberg is using for selling credit spreads and then combined that approach with the technical indicators I already use for market direction. After reading the book I then subscribed to his weekly/bi-weekly picks which saves me a GREAT deal of time in locating trades that meet the requirements. The combination of my own indicators with his system and weekly picks gives me confidence in a good reward/risk ratio and I like the creativity of combing the approaches.
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. PDF
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. EPub
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. Doc
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. iBooks
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. rtf
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. Mobipocket
The Monthly Income Machine - Credit Spread & Iron Condor Options Spread Trading Strategies for Supplemental or Retirement Income investing (or Trading ... Bear Call and Bull Put Vertical Spreads. Kindle