3 Ways At Home Traders Can Be More Profitable Than Professionals

trading at home

Most at home stock and options traders think that professional traders have some magical advantage, or secret, that makes them more successful. As an options coach to a lot of students each month, I constantly hear this “sob story” from some of the beginning traders. They think that if they only had this “secret” trading…

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Why Some RSI Indicator Strategies Are Wrong In Predicting Tops And Bottoms

rsi indicator

I’ve sure you have heard about RSI or the Relative Strength Index before right? Most traders use RSI strategies when looking at the market to help spot extreme areas – above 70 or below 30 – signaling oversold or overbought stocks. Personally I think when you hear someone talk about this you should cover your…

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3 Reasons Why You Should Join A Trading Forum To Help Share Your Knowledge

trading forums

Online trading forums are great places to continue to share ideas and grow in your trading education. It’s definitely best if you can learn to make your own trading decisions of course (which I what we try to teach with our membership) but sometime you may just need some reassurance from other traders/investors. Forums can…

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Options Don’t Expire On The Third Friday Of Every Month (Technically)

options expiration

If you’ve thought all along that options expire on the third friday of every month you really need to read this. And I thought it would be fitting given that we are close to expiration right now and I’ve gotten a lot of emails about this particular subject. But what most people don’t know is…

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Trading Psychology – 5 Tips To Help Control Your Emotions When Trading

trading psychology

When I just started trading on my own I lost a little over $10,000 the second week. I had made the full-time jump and therefore was desperately emotional to make it work. Looking back now, I probably did things I would never do today. I pushed trades into the market when it wasn’t a good…

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3 Common Misconceptions About Credit Spreads You Should Know

credit spreads

The options market has been very busy lately. The volume of options being trades is growing rapidly with more and more investors jumping in. And as the audience grows, so do the articles about how “risky” options trading is for beginners. And it’s completely true if you trade blindly, but there are 3 very common…

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Top 10 Reasons Why People Are Dead Broke And Spend More Than They Earn

average spending

The number one golden rule for financial freedom is to spend less than one earns. Yet I continue to be saddened talking with friends and family over the last couple of weeks. And this mainly why I have started recently doing some weekend posts focusing on personal finance for the trader. It’s time we start…

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How Can I Exit A Vertical Option Spread Without Getting Creamed?

vertical option spread

Pretty normal question to ask. You have a vertical option spread that you need to exit but you don’t want to get creamed getting out of the position. Even for the most experienced traders this can be a tricky path to walk. So in this article, I’ll try to help explain how you can safely…

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How To Master Market Sentiment And Trade Before The Big Moves

market sentiment

Market sentiment and the investor emotions are very powerful when trading stocks and options. If you learn how to master market sentiment you could find yourself finally making trades ahead of the next big move higher/lower. Today we are going to show you how to┬áput a trade on and be confident that the position will…

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How I Was Dead Wrong In My Analysis And Yet Still Made Money With Credit Spreads

credit spreads

So this past month my analysis of the market has been less than favorable. Along with a whole host of other traders, I have continued to feel like the next big move down is just around the corner. Sadly enough (with the help of the FED) this market continues to push the upper limits. You…

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