Being a profitable trader is not just about changing what you do but who you are. Unprofitable traders tend to be impulsive, greedy, impatient, and take actions that are random. You don’t need to do one great trade, the odds are that one big trade will cause more damage than good. Like most lottery winners […]
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Here are twelve fast facts about writing covered call options on your stock holdings: A covered call gives the buyer of the call the right but not the obligation to call away your stock at the strike price. The option chain you want to trade has to have liquidity to avoid losing too much in
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. This video is the beginning of our China series where we’ll explain what’s going on in China and
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Everyone’s trading is different. No two traders are the same. Your watchlist, your signals, your chart software, your broker, and your commission costs are probably all very different from mine. Also how your edge plays out can be a different path from my own. Do you need speed of execution to scalp quick trades, or
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’ll be talking about ruthless reductionism! We need to ruthlessly reduce any complexity that shows up in an investing
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Financial independence is a state in which an individual or household has sufficient wealth to live on without having to depend on income from some form of employment. Many people can not grasp financial independence from a job. There are other ways to make a living besides employment with a job. While it is a
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Chart courtesy of StockCharts.com Price remains above all moving averages. The VIX trended lower last week making lower highs and lower lows each day showing decreased fear and volatility. The average true range stays in a tight range with a 1.87 ATR as $SPY continues to trade in a very tight range. The MACD remains
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Make sure you’re aware of these option concepts before trading them. Options are a zero-sum game. You don’t own the underlying, so
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This is a guest post by Tom Buckland, the founder of Elite Forex Trading The best things to learn in life come from those who have proved successful in doing it themselves. Make as much effort as you can to learn from these people and what they have to offer. This applies to all aspects
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Stratasys (SSYS) is a massively underpriced stock with huge long-term compounding potential. The centerpiece of this long thesis
The New 3D Printing Stocks Explosion? Read More »