David L.Caplan – Trade Like a Bookie

Description

Synopsis:

Have you ever wanted to trade so that the odds were in your favor? David Caplan has combined his forty years of trade research, probability research, and poker playing experience together and come up with the Trade Like a Bookie manual. You will learn how to take advantage of the odds, beat the odds, and reap all the benefits that come along with it.

Jacket Description:
–60% of the time, markets have no trend
–80% of all options expire worthless
–100% of options lose all their time value

The ‘ Bookie’ strategies put all of these statistics in your favor. Your advantage is almost unbeatable! It’s like starting out with an 80 yard lead in a 100 yard race!

You’ll have advantages that are even better than a “Bookies”!
1. You can collect from both sides
2. Every day both options experience “time decay” and lose some of their time value
3. You accept bets (trades) only when the odds are in your favor.
4. Even if the market moves out of the initial range, the position can be “adjusted” and still be successful.

Table of Contents:
SECTION I

Introduction 1

Chapter 1 7
USE THE SAME WINNING TACTICS OF INSURANCE COMPANIES AND CASINOS
THE MOST PROFITABLE INDUSTRIES IN THE WORLD

Chapter 2 13
MANAGING YOUR MONEY CAREFULLY IN GAMBLING AND TRADING – THE
SAME PRINCIPLES APPLY

Chapter 3 19
USING FAVORABLE SITUATIONS TO TURN THE ODDS IN YOUR FAVOR

Chapter 4 27
ANALYZE EACH TRADE LIKE PROFESSIONAL POKER PLAYERS LOOK AT EACH
HAND

SECTION II

Chapter 5 39
USING THE “BOOKIE” TRADING STRATEGY

SECTION III 49
NEUTRAL (“BOOKIE”) TRADES WITH 80% – 90% PROBABILITY OF PROFIT

Chapter 6 51
BOOKIE STRATEGY

Chapter 7 65
THE “CONTINUOUS OPTION POSITION ENVELOPE”

Chapter 8 69
RULES FOR INITIATING, ADJUSTING AND CLOSING “NEUTRAL POSITIONS”

Chapter 9 85
GRAPHS AND SUPPORTING DATA FOR “NEUTRAL OPTIONS POSITIONS”

Chapter 10 99
MARKETS ARE INA NON-TRENDING MODE 60-70% OF THE TIME

Chapter 11 103
“PORT” (PERPETUAL OPTION ROLL THEORY) ANALYSIS OF NEUTRAL POSITIONS

Chapter 12 107
THE VIEWS OF ANOTHER EXPERIENCED OPTION ANALYST ON “NEUTRAL OPTION POSITIONS.”

Chapter 13 113
WHAT QUESTIONS ARE MOST COMMONLY ASKED ABOUT NEUTRAL TRADING
AND MARKETS?
SECTION IV 131
ADVANCED TRADES TO TAKE ADVANTAGE OF PREMIUM DISPARITY
CALENDAR SPREADS AND RATIO OPTION POSITIONS

Chapter 14 137
CALENDAR SPREAD

Chapter 15 151
RATIO OPTION SPREAD
Conclusion 165

TRADE LIKE A BOOKIE