Showing results by author "Max Koren" in All Categories

Most traders fail not because they lack effort — but because they trade the most crowded, emotionally charged markets. How to Trade Bond Futures and Options is a practical, professional guide to trading U.S. Treasury futures with structure, discipline, and control — designed for traders who want clarity instead of chaos. Unlike fast-moving equity index markets dominated by noise and impulse, Treasury futures operate with deeper liquidity, stronger institutional participation, and clearer structural behavior. This book shows you how to understand that structure, manage risk precisely, ...

Leveraged ETFs, including 2x and 3x exchange-traded funds, are widely discussed but often misunderstood. Because these products are typically built around daily objectives and daily reset, multi-day behavior can look different across market environments. This beginner-oriented overview explains leveraged ETFs in plain language, with a focus on structure, mechanics, and interpretation. A Beginner’s Guide to Leveraged ETFs treats leveraged exchange-traded funds as financial instruments rather than strategies. Instead of charts, signals, or tactics, the book explains how daily leverage works...

ETF Price Action Basics is a clear, beginner-focused introduction to how widely followed index ETFs like SPY and QQQ actually behave in real markets — and why their movement often feels confusing, emotional, or contradictory. Rather than teaching strategies or trading systems, this book focuses on understanding market behavior. It explains how price moves, how volatility changes the experience of markets, and why instruments like the VIX are frequently misunderstood. The goal is not to tell you what to do, but to help you recognize what you are seeing. Many beginners hear terms like price...

MACD Indicator Trading Foundations For Beginners is an educational reference designed to help new market participants build a clear and realistic understanding of the Moving Average Convergence Divergence (MACD) indicator. Rather than presenting MACD as a system, shortcut, or prediction tool, this book treats it as a framework for observing momentum, trends, and changing market conditions. Concepts are explained in plain, accessible language, with an emphasis on interpretation, context, and common misunderstandings that often surround technical indicators. The book begins with foundational ...

Zero DTE Options for Beginners is a clear, calm introduction to options contracts that expire on the same trading day. Written for readers new to same-day expiration, this book focuses on understanding structure, mechanics, and risk rather than outcomes or instructions. Zero days to expiration options, often called Zero DTE or 0DTE, behave differently from longer-dated options. Time is compressed, sensitivity can change quickly, and prices often respond in ways that feel unfamiliar to new readers. This guide explains why those differences exist and how the market expresses them as ...

Budgeting Foundations 101 is a beginner-friendly guide to budgeting, money awareness, and everyday planning that treats finances as both practical and human. Instead of pushing strict rules or perfection, this book walks through a calm process for building a budget that can adapt to real life - including uneven months, surprise expenses, and changing priorities. Inside, you will find a clear progression from noticing what is happening with your money to creating a first-draft budget you can revise over time. You will learn how to separate steady costs from flexible spending, how to account ...

After the AI Boom: Understanding Market Rotation and Undervalued Stocks explores what often happens in financial markets when a dominant narrative matures and attention begins to widen. Periods of intense focus such as the recent surge in interest around artificial intelligence tend to concentrate capital, expectations, and conversation. Over time, that concentration can reshape how markets compare companies, sectors, and styles. When the spotlight starts to spread, familiar questions emerge around rotation, valuation, small-cap stocks, and what has been overlooked. This book approaches ...

Understanding the RSI is an educational introduction to the Relative Strength Index, written specifically for beginners who want to study how RSI behaves in ETF markets without relying on rules, signals, or predictions. Rather than presenting RSI as a tool for making decisions, this book examines RSI as a descriptive indicator that summarizes recent price movement. Through clear explanations and carefully chosen ETF chart examples, readers are guided to observe how RSI reflects balance, persistence, extremes, and transitions across different market environments and timeframes. The book ...

0DTE options risk management can feel different when time is measured in minutes and hours instead of days. 0DTE Options Risk Management Foundations for Beginners examines intraday options through a practical, plain-English lens: what a position is exposed to, how that exposure can change quickly near expiration, and how “what could go wrong” thinking helps reduce confusion in fast markets. This book stays focused on descriptions and market mechanics rather than predictions. It separates risk into clear lenses - premium as cost, notional exposure as relationship, and scenario loss as ...

FX futures for beginners can feel complex because currency markets combine global economics, time-based contracts, and fast-changing conditions. This book offers a clear, educational introduction to currency futures markets, focusing on how FX futures are structured, how prices form, and why risk and uncertainty are always part of the picture. Written in plain English, FX Futures for Beginners explains what FX futures are and how they fit into the broader financial system. Rather than offering tactics or predictions, the book emphasizes understanding: contract specifications, pricing ...

0DTE options trading, behavioral finance, and decision-making under time pressure - this book studies what tends to happen inside the mind when markets move fast and expiration is close. 0DTE Options Trading: A Behavioral Finance Perspective explores common cognitive and emotional patterns that can appear in same-day expiration environments, where rapid feedback and a loud internal clock can reshape perception. Instead of framing markets as a contest to “beat,” this book treats the session as an observation lab for attention, interpretation, and stress. Topics include: How time pressure...

Investment risk management case studies for beginners covering volatility, drawdowns, correlation, and market regimes through fictional mistakes. This book uses story-driven scenarios to examine how risk can show up through timelines, expectations, portfolio behavior, and changing market conditions. Across ten fictional case studies, you follow beginners who make common risk-management errors that often sound reasonable in the moment. Each chapter then reframes the situation in plain English and connects it to core concepts that shape how uncertainty is experienced. Topics include: ...

Trading Decision Traps is an educational study of how retail decision-making can shift in fast-moving markets. Rather than focusing on tactics or outcomes, this book examines the psychological patterns that often emerge when speed, noise, and urgency shape judgment. Fast markets tend to compress attention, amplify emotion, and encourage certainty before enough information is available. Under these conditions, thoughtful people can find themselves repeating familiar decision patterns that feel reasonable in the moment but difficult to explain afterward. This book refers to those patterns as ...

Energy Futures for Beginners is a clear, educational introduction to how energy futures markets work, using crude oil futures as a primary learning model. This book focuses on understanding structure, mechanics, and market behavior rather than strategies or execution. Crude oil futures are widely referenced in discussions about energy markets, inflation, and global economic conditions. Yet for many beginners, concepts such as contract size, expiration, volatility, and futures curves can feel confusing or intimidating. This book is designed to reduce that confusion by explaining how energy ...

0DTE options hedging for stock and ETF portfolios – option pricing, stress testing, and position sizing – explained in plain English for beginners. This beginner overview examines how same-day expiration (0DTE) options function as contracts, how their prices are commonly described, and why market conditions can change what option quotes look like across calm and fast sessions. Rather than focusing on predictions, the book emphasizes interpretation: what intrinsic value and time-and-uncertainty value represent, how implied volatility is reflected in option prices, and how delta, gamma, ...

0DTE options can change character quickly within a single session. The Portfolio Mindset in 0DTE Options is an investing-style study of intraday exposure design and risk framing, written for readers who want clearer language for describing what a same-day options position is sensitive to and why clusters of positions can behave alike under stress. Instead of treating each position as an isolated idea, this book explores 0DTE through a portfolio lens: dominant drivers, shared stress points, and the way time, liquidity, direction, and priced uncertainty can reshape option premium throughout ...

0DTE options, same-day expiration, and intraday options mechanics can feel confusing because prices update quickly as the clock runs out. 0DTE Options Mistakes and Practical Lessons is an educational guide to liquidity friction, pricing behavior, and decision traps that often appear on expiration day, explained in plain English with fictional scenarios for illustration. Topics include the three fast forces that shape 0DTE pricing (time, implied volatility, and spreads), payoff shapes that can amplify overreaction, Greeks near expiration described as changing sensitivity, and the operational...

Take control of your money—without complicated systems, strict rules, or unrealistic expectations. If you’ve ever felt like your paycheck disappears too quickly, struggled to stick to a budget, or wondered where your money is actually going each month, you’re not alone. Most people don’t fail at budgeting because they lack discipline—they fail because they were never given a system that actually works in real life. Digital Budgeting Made Simple With Budget Sheets For Cash Envelopes is a practical, step-by-step guide designed to help you build a budgeting system that fits your ...

Income allocation, financial structure, and ownership are often discussed separately. This book brings them together into a single framework, offering a clear way to observe how money moves, how it is positioned, and how it behaves over time. Rather than focusing on how much is earned, The Ownership-Based Finance Model examines what happens after income arrives. It introduces a structured approach where income is divided into distinct roles, each contributing to stability, continuity, and long-term development within a financial system. Through a series of connected chapters, the book ...

Personal finance after 50, retirement planning, and investing on a limited income can feel complex—especially when time feels more immediate and decisions seem more important. This guide presents a clear, structured overview of how financial planning works in later years, with a focus on understanding—not urgency or quick outcomes. Rather than focusing on shortcuts or assumptions, this book explores how different elements of retirement planning connect, helping readers interpret their current position with greater clarity and confidence. What readers may learn about: How to estimate ...