Hey Traders! I hope you enjoyed Options 101 Chapter 1: The Squeeze, in addition to Chapter 2: Puts, Calls, and Debit Spreads, because now it’s time for Chapter 3! During the next installment, I reviewed some key facets of puts, calls, and debit spreads before I focused on credit spreads. I like using put credit … Read more
Well, it finally happened – the infamous Bear Market rally decided to grace us with its presence. It usually occurs when sentiment gets so bleak, the put/call ratio gets so high, and it seems nothing can save that market that it will quickly shift higher, catching bears in its trap. In the stock market, especially … Read more
The beginning of a new year always has me reviewing the past year and looking forward to goals for this year. Last year, despite the craziness, was actually an amazing year for me. I grew three different accounts, two with 500% growth and a third with 700% growth. These three accounts were a futures account, … Read more
Recently I wrote a newsletter outlining the similarities fishing has to trading. I’ve linked the newsletter a little further down, but here’s a hint — it’s all about identifying high probability patterns and then executing with a strategy that fits. We talked about the importance of learning and recognizing high probability patterns. But there are … Read more
A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more
Today, I wanted to give my Five Star Traders my top tips as to how three simple focuses in trading (and in fishing!) will help you catch what you’re fishing for. Why the parallel to fishing specifically?… Well a couple of days ago on Twitter, I mentioned how my new hobby, fishing, has a lot … Read more