Volatility Trading,

asr: all reviews 5 star ( I have one other volatility book )

Your goal, Sinclair explains, must be clearly defined and easily expressed-if you cannot explain it in one sentence, you probably aren't completely clear about what it is.
- The same applies to your statistical edge. If you do not know exactly what your edge is, you shouldn't 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.

review
This is a must for any volatility trader. That being said, it offers a lot to people who trade other products, invest, or make decisions about investment managers. Looking through it now, I would say at least half the book is useful for any type of investor. Perhaps the book should be called "trading with an emphasis on volatility" since it probably doesn't reach a wide enough audience.

asr: the above reviewer other reviews (good books), seems it is needed for any investor as he said
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