Cuốn sách mới nhất của John xác định rõ những phức tạp tinh tế của mô hình kinh doanh và bước ngoặt quan trọng. Tôi là một người nghiện cho loại thứ và tôi đã học được một tấn từ cuốn sách này "- Giám đốc điều hành Tom Sosnoff, thinkorswim | Trading Vehicles Stock ETFs Futures and Forex 23 FIGURE RealTick graphics used with permission of Townsend Analytics LTD. Door Number One Could be an outright stock purchase with a selective stop-loss. Door Number Two Could be utilizing the options market. That can be an exciting and worthwhile exploration of a simple purchase of a call option to utilize leverage or the use of a more complex strategy such as a bull call spread or a hedging program such as a collar strategy. The latter uses the premiums collected from the sale of an out-of-the-money call option to purchase a close-to-the-money put option which in turn protects the price erosion of an underlying stock position. Door Number Three Could be taking a trading opportunity by implementing a spread strategy which would involve buying one stock and selling short another. This is a sophisticated strategy and one that beginners should study extensively prior to implementing. However if you enjoy following and understanding who and what the competitor is in a specific sector or industry group this could be your cup of tea. Selecting the right stocks requires extensive research and a good working knowledge of the fundamentals of that sector or industry. After all you 24 CANDLESTICK AND PIVOT POINT TRADING TRIGGERS are looking for one company to outperform the competitor so you need to know as much as possible about that business. Trading decisions and correct stock selection involve more than looking at a chart and a few technical indicators. I believe it helps to look a little deeper in expected earnings forecasts and price-to-earnings P E ratios to see if the stock is expensive or cheap relative to current prices. Calculating P E ratios is an easy concept for example if a stock is trading at 40 per share and has an earnings of 4 per share the P E ratio would be the price of the stock divided by the earnings 40 4 or 10 times earnings. SPREAD TRADING TIPS If you decide to take advantage of a spread trade you