Product Description
After a sell out first and second edition, Dr. Samir Elias added significant new material to the third edition – the main focus of which is making money in multiple ways. You can make money by purely trading stocks using numerous combinations of technical indicators described in several chapters and supported by practical market examples. You can also make money by raising cash on your long term holdings using effective and simple option strategies. In addition, you… More >>
Generate Thousands in Cash on your Stocks Before Buying or Selling Them: Third Edition
Have you grown frustrated with listening to the so-called "pros" manage your finances?
CLICK NOW for serious financial training.
Check back with Learn Commodities and Options for more financial information and videos!
Posted in 
Tags: 
When I saw the hefty price tag of $75 I thought that was a little crazy, but then I realized it was over 300 pages so I thought it might be a lot of great information. I was wrong. I did like a few things in this book so I dont feel like I was ripped off. However, all of the good things to take from this book could have been written in as little as 50 pages. There is a lot of useless information that takes up hundreds of pages. I would have given this book 3 or MAYBE even 4 stars but all of the rambling on and useless info hurts its rating. So yes, there are a couple good things to take away from this book, but not if it costs $75 and is hidden between hundreds of pages of nothing.
Rating: 2 / 5
I bought this book years ago when it was in print. Taking a look at the reviews that are here NOW, it becomes clear that this is a book on options trading, and is pretty advanced. That was not clear when I bought the book. As someone who had never done much with options, I felt constantly confused at the ideas that were being put forth in the book; it was obvious that the author assumed a significant amount of options experience on the part of the reader. My criticism is because neither the description here nor the book itself make it clear what the necessary background is.
I was constantly wondering who really wrote this book! Although the author claims to have a couple of advanced degrees, it just doesn’t sound like the person who wrote this has spent time at a major U.S. university producing a doctoral dissertation. I wondered if perhaps he had made presentations on this material, had the presentations recorded, and then paid someone to simply transcribe these talks into a book with no real editing. Or maybe it was a rough draft that someone talked him into publishing. One of the really perplexing things is the way he repeatedly starts paragraphs with “ALERT:” It’s probably around 1/5 of all paragraphs throughout the book, and it gets old really quick. It’s also worth noting that this book is barely 100 pages and has no references or index. Again, if the author has a PhD and a Masters, wouldn’t he be familiar with references and bibliographies? The charts I found to be of little value because they are all black and white and contain so many lines and notes that it becomes very difficult to know what they show. Everything tends to blur together.
Here are the chapters of the book:
Chapter 1 – Learn from the past
Chapter 2 – Generate 20%+ cash return each year without selling your stocks
Chapter 3 – Increase your profits on winning stocks by a getting a premium to market price
Chapter 4 – Average down without using out-of-pocket cash
Chapter 5 – An Extra Peek
Chapter 6 – Generate cash on stocks before buying them
Chapter 7 – Time saving tips
Chapter 8 – How to accurately time your moves for maximum cash
Chapter 9 – Summary
Chapter 10- Cash generation worksheet
Chapter 11- Use other people’s money to generate thousands on stocks below $5
Chapter 12- Thinking outside the box
The rough draft nature shows when the summary doesn’t come last and a worksheet is not in an appendix. But it really isn’t a worksheet, it’s a 2-page procedure.
Again, the ideas here appear to be sound, but the organization and presentation are very odd. It assumes a really solid background in trading and options, so if that is not you, it would be best to buy some beginner books at the same time and read them first. Then be ready for a short, strangely written (but insightful) book on options trading!
Rating: 3 / 5
One must know how to trade stocks prior to trading options.Trading options is a totally different animal. The information provided can only be applied to a market uptrending. A sudden movement or collapse of the securities held will wipe you out very quickly! One final note: if you open and close more than 4 positions in 5 business days, the SEC classifies you as a “pattern day trader”. The latter requires a minimum of $25K in cash and securities. Margin account is therefore strongly recommended. Again, use caution and happy trading!
Rating: 4 / 5
I have read tons of trading books, but Dr. Samir did what others have not been able to accomplish, show the average investor that you can make consistent money by applying simple principles.
Many of my friends when we discussed the book, mistakenly believed that the book is ONLY about options. But most of them were not able to grasp the big picture and that the techniques that Dr. Samir teach us are applied to both options and stocks.
What is most interesting is the ability of Dr. Samir to bring complex concepts into a simple technique. Simplicity works best.
The book is about reducing risk and developing consistency. The book is perfect for all time of investors and traders: long term, mid term, short term, etc.
If you are serious about trading and making money – this is a must read book. Please dont just read the book once – this is a book that probably need to be read many times over.
Rating: 5 / 5
I found the book very informative and helpful in setting up a trading system using covered calls and naked puts. Follow the system laid out by Samir Elias and you can easily make legitimate money. One of the most important part of the system is having patience and identifying opportunities. To reduce the amount of time analyzing stocks and options, I thought I would join the Generate Thousands website because the website would do all the work of identifying opportunities. So far I have been very disappointed in what the website touts and what is actually offered to a member. The recommendation has not been updated since June 16, and today is June 24, there is no daily following of the recommendations, there is no guidance on what action to take if recommendations move in either direction. At this point, I feel that the Generate Thousands website is a BIG rip-off and does not provide trading guidance as laid out in the book. So you need to follow the guidance in the book and do your own analysis and develop you own trading plans as described by Samir Elias. Don’t let this discourage you from buying the book because it lays out an easy to follow system that works.Generate Thousands in Cash on your Stocks Before Buying or Selling Them: Third Edition
Rating: 5 / 5