Some people believe options should be traded, and some believe they should not. Option traders are convinced options provide the best opportunity to make a large profit quickly, and for the most part, those who stay away from trading options tend to think of options as too risky. Even in the realm of options traders, […]
Read MoreAround the world of would-be stock traders, one central question seems to be common:Which stock is about to go up?When I meet someone, this is their first question, after they find out what I do. However, I always meet their question with the same response: “You’re asking the wrong question!”It is understandable why so many […]
Read MoreMost traders have heard stories of how someone used stock options to make 300% or more in a concise amount of time. These stories are common among option traders. However, just as common are the stories about people who bought a stock option and lost everything. The end result is a divided set of opinions […]
Read MoreImagine you are sitting at your computer looking over your stock portfolio and as you sit there, you check on the progress of your 1,000 shares of AMZN. A reminder goes off on your phone that AMZN earnings are coming up in a couple of days, and the rumors on the street suggest AMZN will […]
Read MoreOptions are perhaps best thought of as the name implies, as a tool which gives their owner options. Since the market has both buying and selling activities, we also have options associated with each transaction:Options that give you the right to buy are named Call Options.Options that give you the right to sell are named […]
Read MoreThere is only one reason for learning to trade a chart pattern: to make more consistent predictions about future price actions. Unfortunately, there are many patterns traders spend their time memorizing, which either don’t occur frequently or worse, they aren’t predictable. However, there is a pattern that breaks bullish 68% of the time. I’m talking […]
Read MoreIndicators are an important part of the trader’s toolkit, especially when you learn to appropriately use the indicators which are available to you. However, many people look at indicators as a “signal” that says “buy now” or “sell now.” For most people, they are looking for that buy/sell signal, and when they see it, they […]
Read MoreStock options are a great tool for many outcomes. We can use them to get better leverage on a trade, create more consistent profits, bring in cash during a stagnant market, hedge positions, and the list of uses goes on.Let’s Look At SPYIt’s easy to look at a trade like this SPY trade and think, […]
Read MoreCandlestick patterns are predictive in nature, and they can predict moves in the market, bullish and bearish. The vast majority of the technical analysis tools we use require several days of data to calculate their signal. That’s why we call these trailing indicators. There are a handful of indicators we call “forward-looking” or “leading” indicators, but […]
Read MoreHow do you trade with the trend and not against it? When the stock is at support, and it has begun moving higher, that is your buying opportunity. However, if you are selling and the stock is at resistance and moving lower, that is your selling opportunity. You should always wait for the stock to pull […]
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