Trading options without an understanding of how the Greeks function to create option pricing is a dangerous game. An option trader must understand many things. How much will my option go up in relation to the underlying stock’s price movement? How much will my option price decay each day as expiration approaches? At what […]
The Five Most Important Questions an Option Trader Better Know. Read More »
Many times in an up trend, less is more. My biggest profits were made trading a stock in an up trend for 100-300 points not daily scalping. My best trading is in trends where my decisions are made at the open and close with no requirement to sit in front of a screen all
How To Trade in A Bull Market Read More »
Have you ever wondered how there can be so many different styles of traders and they follow their method sometimes with a religious fervor? Many believe that only their way is the right way. A weird thing is that many seem to make money in the long term even though they disagree with each other.
The Real Reason Profitable Traders Make Money Read More »
The market is too high, so I am going to go short. It has to go back down. I don’t need a stop loss because I know I am right. Hmmm…it went higher? That is just crazy! Now it is wayyyy too expensive. I will short more, because it has
A Bad Short Trade (with emoticons) Read More »
Trading books have more meaning after traders have fought both the markets price action and their own emotions. The market is also a great place to expose all the issues we have with our own egos. With the vast amount of trading literature out there on all aspects of trading I thought it would be
Vote for your favorite Ten Trading Books Here>> and see what others are voting on. Read More »
An edge is an advantage that a trader has over his competitors, allowing him to generate and retain profits from other traders . There can be many types of trading edges through risk management, psychological management, and through better trading methods. Here are a few: A selective trader that only trades the best set ups,
Ten Ways to Trade With an Edge Read More »
Here is the rare documentary on a very young Paul Tudor Jones, it is full of trading gems, quotes, principles, lessons, and the real life battles of a trader. Paul Tudor Jones was featured in Jack Schwagers Market Wizards book and his fund had amazing returns year after year. I learned a great deal about
Rare Documentary Video on Billionaire Paul Tudor Jones “The Trader” Read More »
This interview was first published in Your Trading Edge (www.ytemagazine.com). For all the traders that missed the recent Zanger seminar due to his serious sickness here is an interview I found that Dan did back a few years ago to give traders some insight into his world record setting performance and his continued success in
Educational Dan Zanger Interview for Stock Traders Read More »
All eyes will be on $159.71 SPY level this week. Does the market break through and enter a whole new trading range and new bull market era after the 2000, 2007, 2013 triple top? Does QE and central banks safe guards push us into another 1982-2000 type bull super cycle or do we hit that
Three Key Levels on Charts I Am Watching Read More »
Here is an interview with Market Wizard and William J. O’Neil disciple David Ryan when he spoke with YTE’s Ben Power on Christmas Eve at the end of a tough, emotional and volatile 2011. He discussed how he has modified CANSLIM, his views on changing markets, his belief in the need for more regulation of
A Great 2011 Interview With Market Wizard David Ryan Read More »