In over a dozen years of learning what works and what doesn’t in profitable trading I believe there are many paradoxes. Most of trading is counter intuitive and new traders usually enter the market looking for predictions, sure things, hot tips, and to know what to buy. In reality it is following price action as […]
Ten Trading Paradoxes Read More »
‘Twas the week before Christmas, when all through the markets stocks were all volatile, even the financials; Risk was managed with care, In hopes the Santa rally soon would be there; The traders were cautious all small in their trades, While visions of a crash danced in their heads; Obama and congress trying to make
‘Twas The Week Before Christmas in the Markets Read More »
There are many trading principles that are common among successful rich traders. It is important to learn the things that allow them to win so we can follow in their footsteps and make money. There are 10 things that new traders can start doing tomorrow to improve their results immediately. If you have been trading
10 Things A New Trader Needs to START DOING if They Want to Make Money Read More »
“People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this earth.” – Jesse Livermore It is funny that so many look for stock picks and gurus for trading success. Many think there is a secret that rich traders know but just won’t tell anyone.
The 10 REAL Secrets to Successful Trading Read More »
Before any trader uses stock options they must understand how options are priced. Options are not assets they are perishable bets on the price of a stock during the time frame of the option. Stock option contracts have different strike prices for different time frames. Inside their prices are imbedded the cost of time, volatility
The Anatomy of a Stock Option Price Read More »
Most traders have been in that one monster, parabolic trade where they made a killing. The problem is the exit. It is important to always be wary and plan a trailing stop to get out of your huge winners. So many investors and traders just get lucky, get in the right trade at the right
10 Signs a Trade is About to Go Bad Read More »
I believe there are different stages in a traders development and career. There is the stage of the newbie where you know nothing, the next stage is the new trader where you know something but make nothing, the good trader stage where you make some money, then the rich trader stage where you no longer
10 Signs You Might still be a New Trader Read More »
William Delbert Gann (June 6, 1878 – June 18, 1955) or WD Gann, was a trader who developed the technical analysis tools known as Gann angles, Square of 9, hexagon, Circle of 360 (these are Master charts). Gann Market forecasting methods are based on geometry, astronomy, and astrology, and ancient mathematics. Opinions are sharply divided
W.D. Gann’s 28 Trading Rules Read More »
Well, here we go again, hours away from watching the show that is the markets. This week again is going to be more about every word out of Washington about the fiscal cliff than about chart patterns, trends, or fundamentals. Right now I do believe that the markets are pricing in a resolution to the
Three Charts with Key Lines in the Sand Read More »
After many requests for specifics on entries/exits and my thoughts on the weekly option Apple long strangle plays I have been doing, here you go>>> On Thursday afternoon 30 minutes before the close I decided to open a weekly option strangle on Apple. With its wild action over the past two weeks it was a
My Big Juicy Apple Option Strangle Play Read More »