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Articles by Donald E. L. Johnson

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Today is Monday, May 21, 2012


‘Show me the money’ isn’t worth the price

After a careful browse of Ronald Groenke’s Show me the money; covered calls and naked puts for a monthly cash income, which is advertised in Forbes,  I decided the book was light on insights and high on hyping the author’s web site and advisory service.

So I didn’t buy it.

Anyone interested in trading options should recognize that learning to trade will require that they pay a substantial tuition in terms of early losses.

And they should invest in a book that covers the topic in depth.

I recommend McMillan on Options and his Options as a strategic investment.

Also, check out the Covered Call Advisor and My Covered Call Blog. It’s also worth joining the covered call group at Yahoo.com that is shown at the top of the page on My Covered Call Blog.

 

Posted by Donald E. L. Johnson on 02/21/09 at 10:17 PM
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