alphabuild blog

Okay. So here is the basic structure I am going to follow going forward. I have chosen to follow the highly recommended options book by Lawrence G. McMillan “Options as a Strategic Investment“. Now this is not the first investment book I have read. Check out my Reading section to see some of my favorites so far. I have about a year trading options mostly through long calls or puts. I really heavily on technical analysis of charts to make decisions about my investments.

So I plan to follow the text chapter by chapter providing a brief description of the chapter and the methods and strategies that are used. I will be brief in my descriptions as the book is excellent and I don’t want this to be a book report. I will use Thinkorswim’s paper money account to test these strategies because 1) that’s why it is there, and 2) I do not have a large enough account to use some of the recommended strategies within this book. I will continue to update on my margin account when I make moves, but for the most part for the time being the blog will revolve around this paper account and the strategies in the book.

I will mix in some information on technical analysis. Check out the reading sections for great books. Also check out the blogroll for some of the experience those guys offer. The first part on Covered Calls will be coming up shortly with a trade occurring on Monday.

aj