Stocks & Commodities V. 25:6 (70-71): Product Review: Random Walk Trading by Jonathon Brubaker
Think And Grow Rich, Chicken Soup For The Soul, Rich Dad, Poor Dad, the Bible — every so often an instructional manual comes along that changes the way we think. The J.L. Lord collection of option trading texts are just such books. After reading through the series, I wouldn’t be surprised to see them gain recognition as the bibles of option trading as their content becomes synonymous with expert trading techniques that, until now, have not been exposed to the retail public.
The Lord collection starts out from the remedial and fluidly travels through the expert level without leaving the reader behind or confused. The four books are each broken down into specific strategies and cover everything a trader needs to know about each strategy. The way in which they are written for all levels of proficiency is what makes these texts stand apart from other instructional manuals.
Although these books cover the theoretical process by which the trades work, they also go into practical applications. Each text has specific step-by-step criteria, making trading the strategy as simple as reading a cooking recipe. Financial foie gras, anyone?