4 Daily Rituals For Conquering Your Trading Psychology

Trading Psychology

If you are prepared to commit to doing a few small rituals everyday, you can see powerful positive changes to your trading results. As emotional investors we can have constant conflict between what we consciously want and what our subconscious mind deems to be what we want or need. Henry Ford said it best. .…

Continue Reading →

3 Step Formula To Easily Figure Out How Many Options Contracts You Can Trade

how many option contracts to trade

It’s fairly easy to blow up your trading account. . . Too often traders (both advanced and beginner) allocate way too much to a single trade. They think that because they have a “smaller” account that they need to up the risk and leverage to make money “faster”. What a stupid mentality. . .and I…

Continue Reading →

Are You Screwing Up Your Strangle Trades?

Straddle

You know a big move is coming you just have no clue which direction! You can just “feel” the energy building in the stock – maybe it’s before earnings or some big FDA approval. Whatever the case, a big move is coming and now with the Straddle option strategy you can profit from a move…

Continue Reading →

The Order Entry Trick I Know You Underestimate

Order Bundle

Chances are that when you place a trade you send everything into the exchanges in one, big order? Bundling all of the options you want into one order because, well, that’s the easy way to do it. What you may be missing is that by doing this you might actually be putting yourself at a…

Continue Reading →

Protecting The Short Leg On A Credit Spread (Case Study)

Credit Spread Adjustment

You’ve made a great credit spread trade and the market is going the direction you wanted. Congrats to you! At this point you’ve made nearly all the money you could possibly make on the trade and you’re left with a dilemma? In this post I’m going to walk through the two major scenarios that you…

Continue Reading →

Option Trading Case Study: Finding The Ultimate Strangle Trade?

Options Trading Case Study

I’m trying something new here with these option case studies. Let me know what you think via the comments section after watching the videos because I’d be more than happy to make more. Adding a suggestion of what you’d like to see would be helpful too. . . Strangles = A Pure Volatility Play Strangles…

Continue Reading →

2 Examples Of Horrible Option Trades You Should Never, Ever Make

bad trades

Strong statement right? I can back it up and will in this post. There are many ‘bad’ trades but today I’m going to focus on 2 of the worst possible trades. And just to be 100% clear this has nothing to do with market direction. Some would say that the two worst possible trades would…

Continue Reading →

Falling Down And Losing Money Is Good For Your Trading Career

chick-hatching

Nobody wants to struggle. We all want it easy – and if possible, quick and easy at the same time. Yet for some money things in life (of which include options trading) it’s the struggles that make us better. Stronger and more prepared. In fact, I have gone so far as to tell some of…

Continue Reading →

Should You Be Trading “Mini-Options” Each Month?

Mini Options

In life there are things that are just too damn expensive. Children, cars, houses and stocks. Some of the bigger name and higher value securities over the last 5-10 years have gotten so price heavy that it almost pushes the normal retail option trader out of the market for those stocks. AAPL, GOOG and AMZN…

Continue Reading →

The Mobile Option Trader’s Guide To Investing On-The-Go

Mobile Options Trading

As investors we are seldom ready to trust mobile trading applications until something forces the change. This was just the case for me. Just this past winter I was traveling a lot for the holidays and just couldn’t access my desktop trading platform as much as I wanted. Thus I had to relay on the…

Continue Reading →

Page 3 of 153