Some luck is needed with any type of investing, but investors who are successful in the long-term do not rely on it. Instead, consistently successful traders effectively utilize the tools, instruments, and information at their disposal and learn how to adapt to the dynamic conditions of the market. Options are precisely customizable financial assets that have the capacity to generate profits in any type of market environment. For more risk-tolerant traders, they can be used to build reliable investment strategies, tailored according to one's personal profit goals and risk preferences. Investors often fall into the trap of focusing on the potential rewards of options without properly assessing the associated risks or building strategies that are not backed by statistics. The Unlucky Investor's Guide to Options Trading elucidates these pitfalls and teaches new investors all about the basics of options and how to develop sustainable, actionable options strategies consistent with one's personal investing objectives. Options trading and cards for money aren't for fools hoping for luck. This is a serious but easy to read introduction for those ready to try constructing options trades.-Aaron Brown, Author of The Poker Face of Wall Street and Red-Blooded Risk Captivating - that usually describes a spy thriller, but it applies well to this options trading book... If you think you know everything about options already, this book will surprise you.-Ernest P. Chan, Author of Quantitative Trading: How to Build Your Own Algorithmic Trading Business
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