{"product_id":"volatility-trading-website-wiley-trading","title":"Volatility Trading   website (Wiley Trading)","description":"\u003cp\u003eIn Volatility Trading  Sinclair offers you a quantitative model for measuring volatility in order to gain an edge in your everyday option trading endeavors. With an accessible  straightforward approach. He guides traders through the basics of option pricing  volatility measurement  hedging  money management  and trade evaluation. In addition  Sinclair explains the often-overlooked psychological aspects of trading  revealing both how behavioral psychology can create market conditions traders can take advantage of-and how it can lead them astray. Psychological biases  he asserts  are probably the drivers behind most sources of edge available to a volatility trader.  Your goal  Sinclair explains  must be clearly defined and easily expressed-if you cannot explain it in one sentence  you probably arent completely clear about what it is. The same applies to your statistical edge. If you do not know exactly what your edge is  you shouldnt trade. He shows how  in addition to the numerical evaluation of a potential trade  you should be able to identify and evaluate the reason why implied volatility is priced where it is  that is  why an edge exists. This means it is also necessary to be on top of recent news stories  sector trends  and behavioral psychology. Finally  Sinclair underscores why trades need to be sized correctly  which means that each trade is evaluated according to its projected return and risk in the overall context of your goals.  As the author concludes  while we also need to pay attention to seemingly mundane things like having good execution software  a comfortable office  and getting enough sleep  it is knowledge that is the ultimate source of edge. So  all else being equal  the trader with the greater knowledge will be the more successful. This book  and its companion CD-ROM  will provide that knowledge. The CD-ROM includes spreadsheets designed to help you forecast volatility and evaluate trades together with simulation engines.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44985839255605,"sku":"ByrdShop_0470181990","price":131.6,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780470181997.jpg?v=1770873468","url":"https:\/\/atxbooks.com\/products\/volatility-trading-website-wiley-trading","provider":"ATX Books","version":"1.0","type":"link"}