Futures and options trading books


Even though these transactions are non-delivery based transactions, these transactions would still be treated as Non Speculative. The expenses incurred for the purpose of Business like Telephone Expense, Internet Expense etc would also be allowed to be claimed in the income tax return. The trader would be required to prepare normal books of accounts under Section 44A of the Income Tax Act. Moreover, if the turnover is more than Rs. This tax audit would be required to be conducted by a practising Chartered Accountant for each year for which the turnover exceeds Rs.

Although, the tax audit is required only in cases where the where the annual turnover is more than Rs. Although the turnover is very high but the profit margin is fairly low. Describes what a forward contract means along with a practical illustration of the concept. The article discusses the procedure for settling the forward contract. The article starts by discussing the drawbacks of Forwards contracts and progress to discuss how a futures contract overcomes these drawbacks.

Examples are quoted to make the concept clear. The article explains how a trader can employ futures contract to financially profit from his directional view on a stock or an index.

Practical examples are used to illustrate how the trade would evol.. This chapter discusses leverage, the central theme of futures trading in detail. The contract between futures and spot market is discussed. The chapter also touches upon leverage calculation. This chapter gives you all the necessary information that you need to know before placing your first futures trade.

The chapter also throws light into why brokers and exchanges charge margins. This makes tracking down the best books somewhat challenging. Fortunately, this page has broken down and collated the best books for beginners, top books for particular assets, as well as detailing how different formats can best suit your individual needs. When you decide to take the plunge into trading, you swiftly realise how complex strategies, charts, patterns, platforms, and fees can get.

This is all the more reason to utilise the resources around you to hit the ground running. The best books for beginners keep it simple and offer step by step guides on how to choose stock, implement strategy and manage your capital and risk. The author also runs through all the basic jargon, whilst somehow managing to keep you engaged.

Written from the perspective of an experienced trade, this book centres on technical analysis and also offers some invaluable money management lessons. It initially centres on charts, patterns, and indicators. You also get the benefit of hearing from interviews with experienced traders, hopefully enabling you to avoid any of the pitfalls they fell down at.

Plus, at less than pages this book is an easily digestible read for the aspiring trader. This book is less of a guide and more information on every day trading topic under the sun. This all makes it one of the best books on trading for beginners. They give you the platform you need to start, as well as somewhere you can turn to for answers as you get going. Remember, good day trading books for beginners keep it straightforward.

They walk you through the entire process, from choosing a stock and strategy, to psychology and risk management. For those looking for more detailed books that offer in-depth technical analysis, advanced strategies, and comprehensive information on all things day trading, there are a number of books you can turn to.

Below we have collated the top 10 books, taking into account reviews, ease of use and comprehensiveness. This book centres on the notion of only making trades when the odds are in your favour, so it delves into how you set up your trades, and what to look for to know exactly what to trade and how much.

The author calls on years of successful experience in the markets and you can benefit from his trial and error approach to avoid future mistakes yourself.