Why You Need To Struggle When You Start Trading Options

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 →

A Quick Introduction To “Mini-Options”

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 →

How To Really Start Trading Stocks And Options On Your Mobile Phone

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 →

Rodeo Cowboys Don’t Make Good Options Traders

Bulls

Honestly, would you ever ride bull? Not a bull market but a real raging bull? I sure as heck wouldn’t but some people would love the thrill. Others even like running side by side with bulls (drunk albeit). Not this guy, not ever – I’m just not that fun my wife would say. But this…

Continue Reading →

Why I Am Going To Focus More On Probabilities This Year

Probability Game

As we all tend to do at the beginning of each year I find myself looking at what I did good/bad last year and what I will change going forward. 2012 was a very good year – not great either – but I could have done better. Namely my portfolio spent the last quarter of…

Continue Reading →

Why Traditional Portfolio Diversification Has A Major Flaw

OLYMPUS DIGITAL CAMERA

Ever heard the saying “A rising tide raises all ships”? You know the idea that in a good market all stocks will rise together. Sure the better companies might rise faster than weaker companies but yet they all rise in value. Likewise in a falling market even the great companies will take nose dive. It’s…

Continue Reading →

Are Calendar Spreads Good For Options Trading Beginners?

Calendar Spreads

If you hate range-bound and low volatility markets (like the one we were in this summer/fall) then you may want to try trading a calendar spread. But if you’re a beginner you might ask “Is this strategy good for me or will I get burned?” If you’ve never traded options before I would stay away…

Continue Reading →

The 2012 Election Is Over – What To Expect From Here?

I don’t know about you guys but I’m really glad that the elections are over if nothing else just so I can get my TV back from all the political ads here in Virginia. It seems that every other night my wife and I watched more political ads than anything else on TV for the…

Continue Reading →

Why thinkorswim’s thinkMoney Magazine Is Awesome For Option Traders

At the end of each quarter I desperately find myself doing two things. One, checking my performance, and two, waiting by the mailbox for the next issue of Think or Swim “Think Money” magazine. If you’re an option trader, or even just someone who is relatively interested in the options market, then Think Money is…

Continue Reading →

Mastering The 4 Different Types of Option Orders

Ever been knocked off your feet? Well, if you don’t have a strong handle on the different types of option orders it will happen soon. That’s why traders who migrate to options trading from the world of stock trading often find it very difficult to immediately grasp the types of orders that are available. With…

Continue Reading →

Page 3 of 140