John Summa – Options Pro Strategies & Defense Tactics

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John Summa – Options Pro Strategies & Defense Tactics

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Utilizing the appropriate adjustment, repair, and hedging techniques found in Dr. Summa’s new DVD, stabilize your equity. Put An End To Your Positive Expectations. Control Your Condor Trading: Take Action! Options traders have been waiting for years for a thorough and in-depth training program that covers how professionals alter their options strategies and mend their trades. Author, economist, and trader John Summa has now accomplished this! Dr. Summa has unpacked his arsenal of effective defensive trading strategies (hedging, modifications, and repairs to options strategies) and packaged these critical tools into his brand-new, potent DVD.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

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