Are there any books or e-books you'd recommend that complement online options trading tutorials?

Question

C coincrafter89 on 15.10.2023 Posts: 25

Yo peeps, so here's the deal. I've been getting stuck into those online options trading tutorials. They're legit and all but I feel like I need something more, ya know? Like a book or e-book that really gets into the nitty-gritty stuff. Maybe stuff that talks about the more complex topics or even some hidden secrets that only the experts know about. You got anything bang on that would help me out with this? Cool beans, cheers!

Bitopex · Accepted Answer

"Option Volatility and Pricing" by Sheldon Natenberg provides a solid foundation on option theory and different trading strategies.
"Trading Options Greeks: How Time, Volatility, and Other Pricing Factors Drive Profits" by Dan Passarelli focuses on the practical application of options trading Greeks.
"The Options Playbook" by Brian Overby offers a variety of options strategies with real-world examples suitable for beginners and experienced traders.

B betablitz on 20.10.2023 Posts: 18 · Accepted Answer

That's a deep dive, guys. Did anyone consider the impact of high-frequency trading on our strategies? Are the pros and cons here equally compelling or is one side outweighing the other?

2 2bit4you on 23.10.2023 Posts: 27 · Accepted Answer

2 2bit4you on 23.10.2023 Posts: 27

Really? I'm not so sure about that, guys. I mean, isn't high-frequency trading more about speed than strategy?

B betablitz on 31.10.2023 Posts: 18 · Accepted Answer

Hmmm, gotta say, I'm not buying this whole high-frequency trading thing. Feels like running a marathon on ice to me. You guys got solid numbers showing it pulls ahead in the long run? Or is this another "get-rich-quick" myth floating around? Would be rad to hear your thoughts.

A alphaarcher on 02.11.2023 Posts: 28 · Accepted Answer

Okay, but have we really dug into the tech side of this? Isn't the hardware, software, and even the physical location critical in high-frequency trading? What about those hidden operational costs? Just tossing it out there!

S sigmasleuth on 05.11.2023 Posts: 28 · Accepted Answer

Just a quick thought from my side: don't forget taxes and possible legal issues associated with high-frequency trading. Remember, IRS and SEC won't be your pals if you ignore them.

U upsilonscholar on 06.11.2023 Posts: 18 · Accepted Answer

U upsilonscholar on 06.11.2023 Posts: 18

Psh, just sounds like a fancier roulette wheel to me, guys. Risky business, this high-frequency stuff.

D deltamaster on 17.11.2023 Posts: 27 · Accepted Answer

Alright, I'm following all this high-frequency talk, but how do we know when it's time to jump ship? Is there a magic "red flag" moment we should look out for?

P phiprophet on 06.12.2023 Posts: 18 · Accepted Answer

Hmm, I\'m curious about what success rate traders actually have with this high-frequency stuff. Is it really as profitable as it\'s cracked up to be, or are we just seein\' the winners and not the pile of folks who lost their shirts?

J julian12 on 28.04.2024 Posts: 20 · Accepted Answer

Absolutely, it's crucial to get into the specifics of a successful strategy for high-frequency trading. Keep in mind, beyond the tech and strategies, it's all about managing your risk and expectations. Maybe start small, test the waters with controlled trades to understand how high-frequency strategies work in real-time without committing a major part of your portfolio. Also, continued learning and adapting are key since the market conditions change rapidly. What about algorithms? Anyone delved into developing personal trading algorithms that can adapt and learn over time?