An Introduction to Option Trading Success [DVD] with James Bittman
Praise for Smart Start-Ups
“Silver’s new book is a masterpiece of clarity concerning the next great entrepreneurial wave, and my only problem with it was the charley horse in my elbow I got turning the pages.”
-Robin Richards, founding President, MP3.com, and CEO, Notification Technologies Inc.
“Silver is a modern-day Prometheus. For community entrepreneurs, Smart Start-Ups contains the secrets of fire from the heavens. If you work with communities of any kind, you ignore this book at your own peril.”
-John Szeder, former senior game developer, Digital Chocolate, Inc., and CEO, Mofactor, Inc.
“Silver dives in and pulls the naked truth out of the world of online communities. There’s nothing like it on the shelves. He speaks with the best and brightest in the mobile and online community markets.”
-Sean Malatesta, founder, Yack Media Services, and Vice President, Indiagames, Inc.
“Smart Start-Ups is a must-read for any aspiring Internet entrepreneur. Silver cuts right to the heart of the important fact that communities are like entire nations, but without geographic borders, and they’re creating the greatest transformation since the Industrial Revolution.”
-Clarence Briggs, founder and CEO, AIT.com
“Silver’s book is an excellent, captivating, ingenious, and essential read for anyone who wants to know how to create wealth by starting an online community. One mark of a great book is that it makes you see things in a new way; Silver certainly succeeds in that respect.”
-Kyle E. Gillman, founder and CEO, Forgefinder, Inc.
Customer Review: He seems a little nutty to me
On page 63 he makes the claim that if Telecoms want to stay in business they will need to switch to the real estate business and sell all their downtown property that houses their switches and where their employees work NOW. In the next three to five years, downtown land will be worthless because retail stores are moving online and people will be tele-commuting from their country homes. He also predicts the demise of many industries over the next 3-5 years: Advertising, Automobile, Insurance, Banking, Mortgages, Law, Movies, Music, Computers and more.
I was tracking with what he says until he started claiming that Telcos would go away and then he lost credibility with me.
Customer Review: A Must-Read Book
I read a lot of business books, and Smart Start-Ups is one of the best I’ve read in a long time.
I’m extremely passionate about entrepreneurship and online communities, and David Silver’s book makes 3 key points that really hit home with me on a personal level:
1) The historical perspective of “Second Age of Communities” and moving away from infrastructure building to community building. This idea was intuitive to me, but the analogy of past guilds/unions rising to power compared to the present growth of online communities gave me an immediate “ah-ha!” moment.
2) Online communities need multiple potential streams of revenue to succeed. David draws from a few proven business models (like Mary Kay) to give very useful ideas on monetization. The idea of creating float to fund online communities is also extremely powerful.
3) Online communities not only as a business opportunity, but as an artistic expression and social movement. This part is excellent. Many business writers tend to be more one-dimensional and I found it inspirational that David alludes to artistic and historical contexts within his book.
In addition to all the innovative ideas, Smart Start-Ups provides useful tools for assessing the robustness of business ideas using David’s First Law of Entrepreneurship and the Eight DEJ Factors scores.
Smart Start-Ups is a must-read if you are at all interested in online communities and entrepreneurship. The historical context provided in the book gives entrepreneurs and investors conviction that online communities are a macro trend and not a mere fad, while the example business models give concrete ways to approach the market for many years to come.
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An Introduction to Option Trading Success with James Bittman Thinking of testing the waters in options, but haven’t yet taken the plunge? Eliminate your fears and jump in with the CBOE’s top options trainer, James Bittman, as he introduces first-timers and fledgling traders to the exciting options arena. Bittman explains in concise, step-by-step terms exactly how options work, providing clear explanations and examples of the most common - and valuable - option strategies. This thorough presentation covers all the options basics you need to get started on a successful trading path. You’ll discover how to develop a solid options trading plan - and tailor it to your own goals and risk limitations. Traders and longer-term investors alike will find an excellent overview of what it takes to start trading options profitably, including … - 3 key steps to any successful options investment - Learning to “think” like an options investor - Using options to “invest” - rather than for pure speculation - Understanding “delta” and its affect on option pricing - Planning ahead: Preparing an exit strategy for every trade - The primary principles of time decay - The importance of taking a loss when your strategy goes bad Bittman also reveals the critical “two D’s” to options trading success-discipline and decision making. With Bittman’s basic strategies, this comprehensive video-and its complete online support materials - your entry into the options market will be far more focused, effective and, ultimately, triumphant.
Customer Review: A little pricey for a basic options introduction.
I’m not sure that this type of brief introduction should cost more than about $20. It was simply a taped seminar and very simple concepts that, in my opinion, could have been handled in a 10 page pamphlet.
The Chicago Board of Options Exchange (CBOE) website has free computer-aided training that is probably more useful (www.cboe.com/LearnCenter/default.aspx). Again, that is my personal opinion based upon having spent several months now looking for information and training on options.
On the positive side, I enjoyed the instructor. He seemed very knowledgeable and I would recommend future DVD courses from him and others if they were in the less than $20 range. I also purchased “High Impact Options Trading” from the same producers and will review it separately but my opinion is about the same for it. Click to Buy Now!
