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.
| Author | : | |
| Rating | : | 4.38 (639 Votes) |
| Asin | : | 0615536913 |
| Format Type | : | paperback |
| Number of Pages | : | 106 Pages |
| Publish Date | : | 2017-07-21 |
| Language | : | English |
DESCRIPTION:
The Monthly Income Machine, one of the safest methods for obtaining a consistent suplemental monthly income. 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 . so not really a new "fad" but a proven system that makes a lot of smart people happy today and have in the past 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 "grand. and I am glad this is where I started my journey A. E. Jones I chose this book to learn iron condors, and I am glad this is where I started my journey. The author, Lee, explains the strategy clearly, and most importantly explains what to do when thing go awry. His careful trade selection and adjustment methods help to increase the probability of success, while mitigating losses. While looking at this book, I took a couple of Udemy classes on iron condors to hopefully improve my understanding, and was not impressed. The other authors did not cover trade selection criteria or adjustments to th
• WHAT DO OTHER INVESTMENT GURUS SAY? In addition to the many User Reviews posted here, highly regarded investment gurus offer their comments about Lee's acclaimed monthly stock options income technique: "I have always found his market knowledge, and willingness to share it, very valuable. Weiss, Editor Money and Markets "Lee Finberg has produced an invaluable guide. Employing these strategies consistently can be very profitable on an ongoing basis." Adrian Day Adrian Day Asset Management Money Management and Newsletter. His new book, "Monthly Income Machine," confirms that judgment his unique income strategy, explained in a way that virtually any investor can understand." Martin D. DESCRIPTIONTHE MONTHLY INCOME MACHINE:Newly expanded 3rd edition 2015• COMPLETE CREDIT SPREAD & IRON CONDOR TUTORIAL for Options IncomeThe definitive options trading strategy for risk-adverse investors seeking substantial monthly income.• OPTION TRAD