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    The Path: A Market Maker’S Financial Path to Spiritual Awakening
    The Path: A Market Maker’S Financial Path to Spiritual Awakening
    The Path: A Market Maker’S Financial Path to Spiritual Awakening
    Ebook139 pages1 hour

    The Path: A Market Maker’S Financial Path to Spiritual Awakening

    By Matthew Roland Adams

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    About this ebook

    The Path: A Market Makers Financial Path to Spiritual Awakening is the diary of how a member of a major stock exchange found his true spiritual path while working in the snake pit. Author Matthew Roland Adams explains the fundamentals of option trading while telling the story of how option trading success can be achieved once you learn to truly see what is going on in this financial and politically controlled world. He has a spiritual view of the world that he believes extends to financial markets.



    Thishis personal diaryoffers an opportunity to take a look at equity options trading from the floor perspective. Those who work there learn to look at markets with a view towards providing fairness, speed, and efficiency. The overriding journey to success for us all is a spiritual evolution. And even when we think we need a diversion from that path or reject it out of hand, the universe may dictate otherwise. Through his journal, Adams talks honestly about spiritual consciousness and how it engages us when we least expect it and in places we thought were void of any spiritual essencelike the trading floor.



    The Path leads us to where we need to be spiritually in spite of our best efforts and enables us to view success as enlightened.

    LanguageEnglish
    PublisherBalboa Press AU
    Release dateMay 15, 2015
    ISBN9781452526171
    The Path: A Market Maker’S Financial Path to Spiritual Awakening
    Author

    Matthew Roland Adams

    Born and raised in New York City, Matthew Roland Adams is a musician and teacher/trainer. He spent over twenty years teaching about Equity Options. He is currently director of Spirit Analytics. He and his family have lived in Australia for the past sixteen years.

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      Book preview

      The Path - Matthew Roland Adams

      Copyright © 2015 Matthew Roland Adams.

      All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the publisher except in the case of brief quotations embodied in critical articles and reviews.

      Balboa Press

      A Division of Hay House

      1663 Liberty Drive

      Bloomington, IN 47403

      www.balboapress.com.au

      1 (877) 407-4847

      Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

      Trading and or investing in the equity options markets have inherent risks. Anyone investing in options should be given a copy of the pamphlet Standardized Risks in Options Trading by their broker before opening an option trading account. The author and publisher will not be held liable for any losses incurred using the strategies set out in this work.

      Any people depicted in stock imagery provided by Thinkstock are models, and such images are being used for illustrative purposes only.

      Certain stock imagery © Thinkstock.

      ISBN: 978-1-4525-2616-4 (sc)

      ISBN: 978-1-4525-2617-1 (e)

      Balboa Press rev. date: 04/28/2015

      Contents

      Preface

      Introduction

      1 A view from the balcony – first time on Amex floor

      2 Money dynamics – Money is energy

      3 Real education – True education allows us to properly validate information

      4 Tactics – Are you in a space that allows you to concentrate on the job at hand?

      5 Never mind why, just do it! – My first floor trade

      6 The Exchange Floor – When the exchanges were established (background to the curb exchange)

      7 World view – Why not trade for others… a full circle look at why setting up trading groups is a bad idea

      8 Government – there’s the rub! Government is not about making people rich…it’s about keeping people bound

      9 Trading and/or Investing – Trading responsibilities

      10 Stock investing is really about… – Putting your money to work for you to make yourself happy

      11 Down the road – Would those currently in positions of authority relinquish those positions willingly?

      12 Option Trading – the beginning of the foundational Strategies

      13 Calls and Puts – definitions

      14 Strategies – Option strategies used on the floor in the ’80s and ’90s that are still valid today

      15 Analysis – Technical analysis and using charts to evaluate markets

      16 Fundamental Analysis – By the numbers price-to-earnings, price-to-sales etc., business numbers from the companies listed on exchanges

      17 A view from the inside – The core of the foundational strategies with graphs

      18 It’s all Greek to me – The Greeks used the evaluate option prices and strategies

      19 Back Spread Front Spread, Ratios for all – Floor strategies from option market makers; risk management

      20 Socially Responsible Investing (SRI) – Feel better about the stocks you buy by only trading companies that are responsible

      21 Government – Is government on our side?

      22 Support Mechanisms – Who supports you and how do you honour them?

      23 The Path Chosen

      Daily Practice

      Epilogue: A Path

      Bibliography

      Glossary of Option Position and Order Types

      Dedication

      To the Supreme God

      To my Spiritual Guides

      And to all those who trade the options markets worldwide

      May this book bring you onto the Path of Financial and Spiritual Awakening

      Acknowledgments

      To my wife Rosann and daughter Adriana for your love and support

      To my father Emmett and mother Winifred for wisdom beyond imagination

      To Ellen, Allison and Martin - siblings don’t have to get along. You’re wonderful beings.

      To the American, Pacific and CBOE exchanges for lessons that allowed me scope to pursue my path

      To all the great teachers and spiritual beings that are helping and blessing us constantly out of love and compassion

      Preface

      In 1984 when I became a member of the American Stock Exchange, there were six Black American members out of about 1200 members in total. Yours truly was the only Black market maker trading on the floor at that time. The others worked for brokerage firms. The experience of being in that type of environment was bittersweet. To actually be able to use things like statistics in a dynamic working environment instead of through book study gave me a new understanding of mathematics and its uses in the so-called real world.

      This diary is a beginning. The term distilled knowledge is another way of describing experience. To watch the Dow Jones industrial average climb from 770 in 1982 to 2700 in 1987 was amazing. To actually be trading on the floor when the ’87 crash occurred is the kind of experience that you tell your great-grandchildren. Everyone knows the market went down 508 points that day, but if you were on the floor the following morning you got to see something most of the public missed. The futures indicated that the market would open down another 700 points. That would have been, shall we say, interesting.

      The stock exchange floor was home for a lot of us for many years. It wasn’t just the trading; it was the fellowship. Being a member of an exchange was something to be proud of.

      It’s truly sad that greed and desire will ultimately take the floor away. Regulators want to regulate and in this day and age computers allow those authorities to account for every transaction seamlessly. Gone are the days when you and the specialist could stand around and trade for half a point because everyone kept the markets in line. We now live in the days where every single action has someone looking to make money. The spreads between bids and offers get tighter and it’s called progress. You’re told it’s better for the customers. New rules are implemented for the efficiency of order execution. Once again you’re told it’s better for the trading public.

      It’s better actually for the regulators who are made up of lawyers and accountants who want to litigate and make someone accountable. Learning about trading and/or investing is something that can bring freedom to the masses. The question is what will then happen to the accountants who have nothing to account for, the lawyer with nothing to litigate and the regulator with no one to regulate.

      We all must play the game for a while. The problem is most people don’t know the rules for winning the game. And once you’ve won, what do you do next?

      This diary is an opportunity to take a look at equity options trading from the floor perspective. All order flow goes to the floor. Those who work there learn to look at markets with a view towards providing fairness, speed and efficiency.

      There was no time to use fancy computer software to price options. We used a better tool, the most

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