Displaying items by tag: options trading education

Traders Notebook, which was successful for over 20 years is now being retired.  But the good news is that author and administrator, Andy Jordan is available for Private Mentoring.  To continue your understanding about trading on a more personal level, Andy Jordan is offering a very thorough and informative Private Mentoring program.  Please click here to learn more.

Please note, this product has been retired from Trading Educators:

Andy Jordan
Main Trader in the
TN Live Trading Room

Traders Notebook Live Trading Room is, as the name already implies, a live trading room in which we trade the most popular US markets. All trades are absolutely live, showing all parts of the trades such as entry, stop, and exit. We discuss every aspect of the trade, leading you through the trade from the set up to the close. We use modern technology such as WebEx.

What’s in it for me?

• You will see trades with a high probability of success together with an attractive profit/loss ratio.

• Learning from a Pro. You will look over the shoulder of a professional trader and you can follow all the trades online in real-time.

• You will see the development of a complete trading plan.

• You will observe top-notch, carefully considered trade selection. We not only tell you when we enter or exit a trade, we also explain WHY we do what we do, so you can learn by seeing the actual trading in action.

• You will learn an easily understood trading approach, without the use of any fancy indicators. All we need is a price chart.

• You will see how we make a full income by trading only a few hours a day, 3 to 5 times a week. Of course, we don't know what a full income means for every single trader. As always in trading, profits are related to the risk you individually can handle. This means if you want to make more, you trade more contracts. We trade very liquid markets, and scaling up the contract size is no problem for most.

About our trading approach.

The roots of our trading approach go back to Joe Ross and everything we have learned from him from 2003 to now. The approach is quite simple:

While the entry can be based on “gut feeling”, the trade management is based on fixed rules. We need a low-risk per contract on our entry, because we want to trade as many contracts as possible. Sometimes we are able to trade 4 or even more contracts, and can keep the average risk per trade still at approx. 1% of our trading account ($30k).

"Live Trading with Andy Jordan is an honest, clear, direct and basic money making service for those who wish to begin or improve our short term trading techniques. Andy’s accurate entry and exit methods are awesome and easily followed. No mumbo jumbo here as you will learn & earn. Live Trading is the real deal! Thanks Andy" 
 ~ Franc M

"Experiencing live futures trades from entry to exit with commentary energized me to apply my trading knowledge.  I am willing to participate in the markets.  Especially modeling trade management, small losses and time stops." 
 ~ Jeanny Z

If you are interested into Andy's Trading Strategy and FAQs, please scroll down to the end of the page and download the PDF "TN-Room-Strategy-FAQs.pdf"!

Traders Notebook, which was successful for over 20 years is now being retired.  But the good news is that author and administrator, Andy Jordan is available for Private Mentoring.  To continue your understanding about trading on a more personal level, Andy Jordan is offering a very thorough and informative Private Mentoring program.  Please click here to learn more.

Please note, this product has been retired from Trading Educators.

Trading "Optures and Futions" to Combine the Best of Both Worlds

A complete course on trading with combinations of Options and Futures.

"With this course, Joe Ross boosts our awareness. There is a world of possibilities out there that many of us knew very little about prior to this book, which is a true masterpiece of trading intelligence. To be aware of other instruments and to know how and when to use and to combine them is essential knowledge every trader should make a sincere effort to acquire." ~ Manfred Wurr, Germany

In this book, Master Trader Joe Ross reveals the options "secret" and unmasks the mystery players in the options industry. It may, and should, change your entire career and outlook as a trader. If you have been a purchaser of options, it should change your entire mindset about buying options.

Over time, successful traders change strategies as the nature of the markets change. By learning about options and how you can use them, you will be finding it easier to trade and win. Options will simply become another tool to place in an ever-growing repertoire of implements you need to survive in today‘s markets.

This book is a complete course on how to put money in your pocket through trading with combinations of futures and options. The ideas and concepts revealed in the book work equally well with stock options. People think they risk less when trading stocks, as they rarely see a stock going down to zero, but actually they risk a lot without having hedged their position. When trading the right options or combination of options, you greatly reduce that risk. More than that, you have your risk defined before you enter the trade.

Highlights and Benefits

Combining Options and Futures, or Options and Stocks

Combining the best of both worlds is what makes you a winner, that's how we came up with Optures and Futions.  Joe Ross teaches you the strategies for trading virtually any situation you can encounter in the market. You will learn how to trade with much less capital, and thus dramatically increase the return on the capital you actually use. You will make your trading life a lot easier by trading with a lot less risk.

You will learn how to increase your probability of success, and you will actually know your risk before getting into the trade. You can forget about getting into a stock or a futures position with a 50% probability of success. You will learn how you can make money even if you are initially wrong about the direction of the market. Joe teaches you what to do with the trades that go your way, and how to defend the ones that do not.

The Options Mystique and the Secret that Makes Them Easy

Why mystique? Options books as a rule tend to be long on theory and short on practical application. They also tend to be either too elementary, including 50 pages of definitions, or too complicated, written for a PhD mathematician. Joe teaches you how to use options as a tool, not as a separate entity having its own jargon. You will be not an options trader, an equities trader, or a futures trader, but a complete trader who uses all markets in balance - and wins.

What secret? You are discouraged in many ways from becoming an options seller. Option selling is often presented as a complicated, mysterious, highly mathematical process reserved for only those with huge amounts of money who are able to take enormously dangerous risk.

Joe reveals to you not only the entire options secret, but also the identity of the mystery participants in the markets who at times manipulate the markets. It is their influence that causes the markets to become as frenzied and chaotic as they do. The mystery players also hold the options secret. They do their best to prevent you from ever learning what it is all about. Joe tells you all that they keep secret; the real story behind successful options trading, and why they want to lure you into subscribing to various magical advisory services.

Learning About the Markets and How to Use Options to Assist You in Trading

Most traders have no desire to be pure options traders, and the mathematics of options is mostly unnecessary information. Joe teaches you how you can benefit from options using the trading experience you have already attained. You will learn how to read a chart of the underlying futures or stock, and thus you will have a distinct advantage over options traders, the majority of whom are ignorant of how to read a simple bar chart.

Joe goes into detail, and shows you four simple patterns that are all you need to recognize in order to profitably trade options. As you progress through this course, you will learn other easily recognizable market phenomena, any one of which can make you a fortune by applying the correct options strategy at the correct time.

Getting Paid to Trade in the Business of Trading Options

Joe shows why the trading of options in combination with the underlying instrument is such a fantastic way to trade.  You will understand why traders of strictly futures or stocks for so many years suddenly want to trade options. The reasons are many and varied, but one of the most important is that markets have changed so drastically that trading purely futures or stocks has often gone beyond the risk tolerance of most traders.

It may shock you when Joe tells you how options enable you to use OPM (other people's money) in your trading. Can you imagine going into a bank or lending institution and telling them that you want to borrow money for purposes of trading in the markets? Yet with options, you don‘t even have to fill out a form in order to get tons of OPM with which to trade. The options markets allow you to be paid for trading, and to get your money up front. It's yours to keep forever.

Using Patterns for Success, and Taking What Market Gives You

One of the most difficult situations traders ever have to deal with is in trading inside a Trading Range. Joe teaches you two strategies to trade inside trading ranges that result in your survival in the marketplace while others lose fortunes. You will also learn strategies using a combination of the underlying instrument and options for trading the breakout of a trading range and strategies for trend following with 1-2-3s, Ledges, and Ross Hooks.

Nobody knows what a market will do next. Joe teaches you strategies to enter a market that is not trending and on which you have no opinion, or you are slightly bullish or bearish about. Then he shows you powerful strategies you can apply when a market is trending and you have no problem having an opinion.

"The best of the best" comes when Joe shows you four of his favorite strategies for trading Optures and Futions. These have all stood the test of time. If a trader did nothing more than wait for the right market conditions to apply these, patience would have its high reward.

Trading Optures and Futions reveals the innermost secrets of options traders

A Complete Day Trading Course in One Book

"Joe and I have been friends for some time.  We have collaborated on trading techniques, so I know of his dedication to the market.  But in this book we see the other side of Joe -- the instructor of the grand style.  He is teaching us "How to Fish." ~W. E. Dalton, MD

This book is a must-read for every serious day trader. It's the essence of Joe Ross' experience of well over five decades of trading the international markets. Although the focus is on day trading, it teaches you methods and concepts that are applicable in position trading as well.

Many traders fail because of a wrong mindset and the fact that they don't know where to start or what to expect as an outcome. This could be the most important book you’ll ever read. Joe has organized it in a clear, step-by-step manner. Instead of being overwhelmed, you'll have a clear trading plan. You'll know exactly where to start, what to do next, and where you can realistically expect to end up.

Day Trading Highlights

Chart Reading

This covers what you need to know about the "Law of Charts" and the simple tricks of how to use it in your trading.  "A chart is a chart is a chart." The immediate psychology of a market is reflected in the price action. You don’t really need any indicators. We'll show you how a bar chart can reveal very powerful price patterns when you understand the proper interpretation and implementation.

Identifying Congestions and Trend Finding

In trading, it is equally important to be able to recognize congestion at the earliest possible time, and to identify a trend before everybody else sees that it is happening. We call it "identifying a trend while it is still in the birth canal," and shows you several methods of doing just that.

Markets are in congestion areas much longer than they are in trends. The early parts of the book center almost entirely around congestion areas, which may be seen on any chart in any time frame. Later in the book, the concepts and the techniques taught center around trending formations.

Let us show you how to spot the very beginning of a trend, and how to successfully enter existing and established trends. You will see and learn very simple and basic ways to trade. The main features of our methods show you early in the game what might happen next, and thus gets you on board a trend while it is "still in the birth canal."

Your own Trading Plan

You will find out if day trading is or is not suitable for you. It takes certain character traits and certain trading techniques to be a successful day trader. We'll described these, and also how you should combine them so that you write and follow your own trading plan. You will understand why you must want it your way, and why you should take only trades that "have your name on them."

The trading plan includes all the preparation and the actions you will take, such as: establishing entries, all potential orders, setting alerts, accommodating for gap openings, and, if you are filled, what you do until the exit of all your contract sets.

Trading Mindset

In Joe's unique way, he shows you how your own mind can help you become a successful trader or can break you apart. Trading is mainly a psychological endeavor, and the way you perceive the markets, coupled with your emotional reactions, actually determine your success or failure as a trader. It's simple advice to anyone who wants to trade: work to learn how to understand price movement.

By using powerful real life examples, we can demonstrate why trading has to be simple, despite the example of most traders who are in a never-ending search for complicated methods. Also, demystifying several relevant, but confusing concepts, such as those of "support and resistance," "oversold and overbought," and some of the overly used indicators that are not needed in order to trade profitably.

Entry Signals

We reveal major, minor, and intermediate intraday trading signals showing you exactly what they are, and explain why they are important. When you day trade, you want explosive moves after your entry. It is therefore crucial to scale down entry signals based on different time frames so that you get the greatest magnitude of movement once in the trade. This is a unique approach that has been developed and refined over decades of trading.

Searching Out the Best, and Trade Filtering

One of the most important things that any trader can learn to do is to identify the best trades. These can differ from one person to another because we see trades differently, and not everyone trades in the same way. But everyone can learn to recognize what happens in the markets that result in successful trades. Then the trick is to stick to it like glue - until it stops working.

We'll show you exactly what to be comfortable with, while keeping your trading as your own.  Examples going into full details of how you should see the whole trade setup, how to think, and select the trades, so that you can adapt that knowledge to your own comfort level.

Let us explain how a trading filter serves several purposes. You will learn how to use a trading filter to calibrate your stop, and to avoid false breakouts as well. You will be able to anticipate breakouts, and thus get into the trade earlier than you might otherwise have done.

Risk and Money Management

We will show you one of the finest points of Joe Ross' trading: his philosophy of money and risk management. These two concepts overlap, and yet they are different. Risk management says "I can afford to risk only so much," while money management asks "What can I expect to make for the risk I have taken?" You will understand why he says that trading is a business and why, the sooner one treats it that way, the sooner one will become a winner.

Placing Stops

The most frequent question we have been asked at Trading Educators is "Where do I put my stop?" Stop placement is a function of a number of variables. There are three kinds of stops: protective, objective, and time stops. It is vital to understand the role of each of these stops and to use them accordingly within your own trading plan.

Unfortunately, most traders place stops where they don’t make any sense, such as at a certain percentage away from the entry.  We'll teach you how to place your stops in a practical manner that takes into consideration both technical factors and your own comfort level.

Brokers and Commissions

There is nothing more important in day trading than to have a responsive, accurate, reliable broker handling your account. Offering you several real-life examples of our experiences with brokers that will really make you think. He helps you consider all the vital factors such as commissions, margins, speed of execution, and reliable customer service when you desperately need it.

You will understand why brokers are in this business. You really need to know how to take advantage of your broker’s strengths, and how to avoid losing money because of their weaknesses. You will learn how to choose a reliable broker and build a solid relationship with him or her, one that works well for you.

E-Mini S&P 500 Trading

We dedicate a section to traders who like to day trade the E-Mini S&P 500, but starts it with a word of caution: we have seen too many otherwise good traders destroyed by trading the five-minute chart in the S&P E-Mini. Getting into the E-Mini is like stepping into the ring with a rattlesnake: you can be bitten quickly, and when you least expect it.

We will show you several examples, so that you realize that trading with the short term charts requires making decisions quickly. You have plenty of examples of preparation for the trading session, entry signals, and trade management. You learn why you don’t have to trade too often and too much, especially when trading the E-Mini. We'll also show you why trade selection is in large part responsible for trading it successfully.

g>Forex Trading

You will learn what Forex is, why it exists, and the main terms that characterize a forex trading account. We then tell you the most important things you need to know about forex regulation and brokers. You need to know the concepts and the realities of how a bucket shop operates, about the leaning and skewing of prices, as well as the myths of "free streaming data" and the "guaranteed fills".

There is a full chapter dedicated to a forex method that Joe Ross uses. You will learn in detail the 19 rules of the method, and be guided through preparation, entry, risk management, and profit management. There are several chart examples and detailed instructions accompanying each rule.

Day Trading and Position Trading

At the beginning of the book, Joe takes you through the definition of day trading, and compares it with position trading. We'll show you the similarities and the differences between the two. You learn the advantages and the disadvantages of each of them. You discover the benefits of one over the other. But most importantly, you learn that "a chart is a chart is a chart," and that's why the techniques and the concepts shown in this book work in both day trading and position trading.

Day Trading is a complete revision of Joe's classic Trading by the Minute, one of the most popular books on intraday trading ever written. It has become a classic in its time. This revised book is a day trading course that is a "must read" for online day trading.

If you are an online electronic day trader, you will refer to this book time and time again. Joe has taught thousands of people how to day trade.

Commonly Asked Question

What's the difference between the Day Trading book, the Day Trading E-Mini S&P 500 eBook, and the Day Trading Forex eBook? 
The Day Trading hardback book is a full-sized textbook that is loaded with lessons, examples taken from real trades, and reveals many concepts to succeed at trading.  The Day Trading E-Mini S&P 500 eBook teaches you how to day trade in almost any market, along with some concepts that go beyond what is in the Day Trading book, and focuses specifically on the E-Mini S&P 500.  The Day Trading Forex eBook teaches concepts that are not in the other two products; it can be used in a variety of markets, but focuses on Forex. 

Learn Master Trader Joe Ross' Tricks and Inside Information from this Book

► Table of Contents

"I would recommend Joe's book on day trading to anyone interested in learning about this subject and wants to hear about it from someone who practices what he preaches. It is apparent from the book that Joe knows the reality of trading markets rather than the theory. I have recently assessed my trading for the last 3 months and am beginning to (at last!) turn in a profit. This is due partly to the help given in this book. Thanks Joe!"  ~Jon Martin

"This is a WONDERFUL exposition of what it takes to be successful in the trading profession. Rich in its descriptions of proper ATTITUDE, THOUGHT PATTERNS, and SELF-KNOWLEDGE --- all of them the keys to profit. Just as valuable is Joe's placing indicators, high-powered math, statistics, and complex theory in their proper perspective, namely that they are typically DISTRACTIONS rather than aids, in comparison to learning THE DETAILS of price action. In the same vein, Joe emphasizes the value of DISCRETIONARY trading compared to MECHANICAL trading, making the point that since all markets change over time, sooner or later a rigid, inflexible system not being able to adapt, will fail." ~Bill Schenker

$150.00

Day Trading Hardback Book

Dimensions:  H 11 1/4" x W 8 5/8"

327 pages

30-Day Money Back Guarantee*

Hardcover Only

*If you aren't thrilled with Day Trading, just send it back within 30 days and we'll refund 100% of your purchase price (less s&h).

Pure Simplicity in Trading Options

"You owe it to yourself to know the truth about trading options. There is nothing complicated about it. You don’t need an option model to succeed, and you don’t need to be an expert in Greek terminology." ~ Joe Ross

Message from Joe Ross

"In Money Making Options you’ll find two of the best option trading strategies I’ve encountered in all the years I’ve been an investor and a trader. You’ll also discover the "options secret", so that you trade with the odds stacked in your favor, and never again have to fear the negative talk that brokers and exchanges keep telling you about options trading."

Money Making Options Highlights

Trading Option Boxes in Sideways Markets

Learn what Option Boxes are, and how to use them in sideways markets. You will immediately discover one of the concepts every trader must master: how to know when prices are moving sideways. It is said that prices trend only 15% of the time. You need to know how to trade in sideways markets because prices present themselves that way 85% of the time.

You will find out how to build an Option Box. It all starts with creating one side of the box when prices are close to the top or bottom of a consolidation area, and it ends up with "closing" the box when prices are at the opposite side of the consolidation. The beauty of the Option Box is that once you’ve closed the box, there is no way you can lose unless you open it before the options are set to expire.

Money Making Options Highlights

Premium Accumulation

The second strategy you will learn is called "premium accumulation."  You can earn money in options by selling them to people who need them. Usually they need them because they are afraid - afraid of a loss, or afraid they might miss "the big move."  To get those options, they will buy them from you. What they pay you for the option is called "premium."

We like to collect premium, and you will learn how to do so, as well. You will learn when to collect, how to collect, what your risk is at any given moment in time, and how to protect yourself in the markets. Premium collection works well when a market is trending, so you will learn how to recognize when prices come out of consolidation and begin to trend.

Combine the Best of Two Worlds - Be in the Markets as Often as You Like

Very few option traders know that they can take much of the risk out of trading by combining options with the underlying asset. Learn how to do this to make much safer, and often more profitable, trades.

The need for complicated option structures is eliminated, and you can be in the markets as often as you like. By combining boxes with premium accumulation, you have ways to trade both sideways markets and trending markets. You can have the best of both worlds.

Money Making Options offers you two profitable ways to trade options.

"The tactics used in Money Making Options eBook are great! Too often we open an options book and there are no tactics whatsoever in establishing a trade. It has really opened a neglected aspect of options trading - tactics." ~ E. Tan, Singapore

"Joe's Money Making Options e-book is filled with time-relative strategies that work. Considering the current volatile markets, Money Making Options e-book outlines clearly, simple methods of consistently taking money out of the markets and is helping me to survive for the long-term. I encourage any serious trader to not only purchase this e-book but master how to employ these strategies. You would not regret it. Thank you Joe Ross for what I consider to be a superb addendum to your excellent book on options trading -- "Trading Optures & Futions." ~ Kunle O., Canada

"Practical, Very Clear, Concise and can be applied immediately. Most importantly - the applied learnings produce profits." ~ George P., Australia

"Good simple practical strategies, without the complexities of traditional Option strategies." ~ K. Paul, India

"Straight forward, simple but loaded with powerful information." ~ Bonifas A., Singapore

$127.00

Money Making Options
eBook

Orders Filled Within 24 Hours*

All Sales Final on Digital Products

*IMPORTANT:  Your order will be fulfilled within 24-hours during our regular business hours. If you have not received your download information by that time, please contact us, so we can resend it to you. Be sure to check your junk/spam folder before you contact us.  All sales are final.