The Hard Truth About Your “Small” Account (Can You Handle It?)

Small Account

You’ve heard the saying “biting off more than you can chew” right? The truth is that most investors and traders are puppies when it comes to their account size. Every little puppy wants the biggest bone he/she can find. In this analogy the bone is your account in case you are already not following alone.…

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How I Made $3,483 Trading Options On Just This 1 Stock Last Year (Account Proof Shown)

Trading Options

Thankfully for you I’m not going to make you read through this whole post to find out what stock I traded; it was TSLA. But that still doesn’t answer your real question does it? And as much as I truly don’t want this to be some hyped pitch about “make money trading” etc. I think…

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A Ridiculously Clear Example Of Why Stock Charts Are Irrelevant (YHOO vs INTC Case Study)

Never Look At A Stock Chart Again

Stock charts confuse people. Come on now. . . how good are you at really “reading” the charts? I sure as hell am not good at it and I’ve been trading actively for over 8 years now. Yet we say to ourselves, “If I could only read the charts better and predict the next move I’d…

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Simple Ways To Trade Options In Your Retirement Account

Synthetic Options

Options trading is super easy in a regular account. But it’s a who different laboratory when you have a retirement account. Getting creative with your positions can help boost your long-term portfolio profits. One way to do that is by trading synthetic options strategies. Today I want to cover 1 way you can develop a…

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3 Option Strategies To Use During Low Volatility Markets

3 Option Strategies

Low volatility trading is tough for option sellers like us. When markets are calm premiums are small and narrow – meaning that we cannot sell options far from the current stock price. So what’s a trader to do!? Staying active, and keeping position size small, is important but you don’t want to force trades into…

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Can Your Kids Teach You How To Be A Great Options Trader?

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This weekend my baby girl will be 2 months old! And yes the time if flying. . . Every day is an adventure full of learning how to raise a child. Just like starting out in the world of investing you can read all about it in books and get advice from those close to…

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How To Make Simulated Option Trades (Even If You Don’t Know How)

Trade Adjustments

If you’ve traded for any amount of time you know that adjusting a current option position is a necessary evil whether you need to save profits or reduce risk. At some point, you’ll have a position that needs adjusting. When it comes to making that adjustment, sometimes I like to use simulated trades to plan my…

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Is There A Better Way To Invest In Low Volatility Markets (3 Suggestions)

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In times like this, where volatility is extremely low, great trades can be far and few between. As option sellers we like to sell premium when volatility is high. When markets are calm it’s hard to sit on your hands and wait for good trades to come around. We start thinking “creatively” about new ways…

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How I Negotiated A 17% Savings In Trading Commissions By Asking This 1 Question

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Each year around the same time I contact my broker to negotiate the commission rate I pay per option contract. I’ve done this consistently for the past 5 years and each time I successfully get reduced option trading commissions. Before I show you how to go about it you have to understand that you probably…

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The 3 Numbers You Must Know Before You Click “Send Order”

Option Trade Order Confirmation

You know that feeling you get, right? You’ve spend hours analyzing charts, you’ve looked at numerous expiration graphs for your next option trade, and you’re pretty sure that you’ve picked out a great trade with a high probability of success. Let’s suppose you chose a 60 day, 10 delta Iron Condor and the expiration break evens give you…

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