TITLE: Solve the inequality $\left|\frac{1-a}{1+a}\right|<1$
QUESTION [5 upvotes]: Are these methods correct? Which one is better?
First Method:
$$\left|\frac{1-a}{1+a}\right|<1\Rightarrow |1-a|<|1+a|\Rightarrow(1-a)^2<(1+a)^2\Rightarrow -2a< 2a\Rightarrow 4a>0\Rightarrow \boldsymbol{a>0}$$ 

Second Method
$$\left|\frac{1-a}{1+a}\right|<1$$
$$-1<\frac{1-a}{1+a}<1\Rightarrow$$
$$0<\frac{2}{1+a}\,\hspace{0.25cm}   \text{and}\hspace{0.25cm} \frac{2a}{1+a}>0 $$
$$a>-1\,\hspace{0.25cm}   \text{and}\hspace{0.25cm} (a<-1  \hspace{0.25 cm}   \text{or} \hspace{0.25cm}a>0) $$
$$\boldsymbol{a>0}$$

REPLY [3 votes]: Since none of oldest two answers addresses OP's two prompts at the beginning of the post, I post another answer for fun.

Are these methods correct?

Yes, definitely because each implication is irrefutable.  However, they are incomplete because one has to find all $a$ satisfying the inequality.  OP has shown that
$$\left|\frac{1-a}{1+a}\right|<1 \implies a > 0,$$
but does each $a>0$ satisfy this inequality? --- This is the missing part of OP's attempt.
To complete the solution, we prove the converse of the above implication.

$a \ge 1$: $\left|\dfrac{1-a}{1+a}\right| = \dfrac{a-1}{1+a} = 1 - \dfrac{2}{1+a} < 1$
$0 < a < 1$: $\left|\dfrac{1-a}{1+a}\right| = \dfrac{1-a}{1+a}$.  The numerator $1-a \in (0,1)$ and the denominator $1+a > 1$, so $\dfrac{1-a}{1+a} < 1$.


Which one is better?

The first one is more concise, and I personally prefer this one in this case.  However, the second one is more flexible and informative: first, it gives more information about the positivity of the fraction $\dfrac{1-a}{1+a}$ itself by decomposing it into several cases.  Second, the first method (squaring and compare the two quadratic polynomials in $a$) works well if

either the coefficient of $a$ in both the numerator and the denominator are equal; or
the difference of squares of both the numerator and the denominator can be factorized (in $\Bbb{R}$, by solving roots).

Otherwise, I think the first method would not save you work.