If you want to generate a passive income then this book is the crash course you need that will guide you to success on 2019/2020. Start generating passive income for a living through daily tricks.
When you belong to a working or middle class household, you can always do with some extra income. There are many needs and desires that you are delaying waiting to save up enough or get that raise but unfortunately, that time seldom comes.
This is why you need another source of income where just putting in some extra hours, you can generate additional income that can help you with handling your financial burdens and responsibilities.
This book will be your introduction to financial assets such as stocks, future, forex and how you can trade them to establish another stream of revenue.
You will learn about derivatives market, options, and future along with their characteristics. Moreover, you will develop an understanding of how you can combine different options contracts to curate effective strategies. Apart from that, you will familiarize yourself with related concepts such as vertical spread, calendar spread, and butterfly spread.
The book will introduce you to implied volatility and how you can use it to valuate price options. It will discuss the concept of vix and how to read it to determine the mood of stock market. Learning these ideas will help you to generate a consistent income through options trading. At last, this book also explains how you can manage your risk and protect your portfolio against black swans.
When you are looking for passive source of income, this book helps you to be successful through trading of different assets.
- Develop an understanding of financial assets and derivatives along with their key characteristics
- Learn how you can combine options contracts to create best strategies and familiarize yourself with types of spreads
- Learn to use implied volatility and the vix to understand the mood of stock market
- Hone your option trading skills and generate constant income through trading
- Learn to manage your risks and how you can protect your stock portfolios
How do I know the information in this book will work?
We don’t provide any guarantees. What we have done is gathered tried and tested methods and strategies in one place and explained them in a way so everyone can understand them.
I don’t know anything about asset trading. Can these skills be learned with a book?
Skills can’t be learned with this book alone. You will need to develop a basic understanding of fundamentals and implement the explained methods to gain experience.
Will I be able to generate enough income through these?
Absolutely! All of these are actually full time businesses for many people but they can also be done part time if you are committed enough. In fact, you can be successful enough to get to the point where you don’t even need your full time job!