There are many types of traders, and no single trade method or strategy will work for everyone. The vast range of objectives, styles, experience levels, and capital levels makes this outcome virtually impossible. In order to maintain profitability and consistency as a trader you must: Identify which underlying(s) are suitable for … [Read more...] about What is the Best Type of Trade for You?
Amy Meissner will join us on Wednesday at 4:30pm ET for a special Round Table to discuss her nested iron condor strategy. Amy was written up in Technical Analysis of Stocks & Commodities magazine as the "Queen of the Iron Condor." Click here to register for this free event We will record this event and post it in our free … [Read more...] about Amy Meissner Presents the Nested Iron Condor
If you are like most traders, there comes a time that you have discovered a trade that seems to hit all the important parameters for you. It can be traded on a vehicle of choice, its capital requirements (including those set aside for adjustments) fit your trading account, and the style of the trade is aligned with your personality and … [Read more...] about Position Sizing
Do You Experience Eyestrain When You Are Trading on Your Computer? If so, please read on… When you spend time at your computer trading, do your eyes get tired? Do the numbers on your trading platform get fuzzy at times? Are you straining to see? Below are some tips which may help you. What is Eyestrain? The definition of Eyestrain … [Read more...] about Tips to Relieve Eyestrain As You Trade
Those who view their trading activities as a business most likely keep a trading journal. This is no different than any other business that uses reports and historical data to measure the firm's performance. A trading journal will allow you to assess the overall performance of your trading activities in an organized fashion. A trading … [Read more...] about The Importance of Keeping a Trading Journal
I came across an interesting announcement from CBOE that they are adding a new SPX weekliy option that expires on Wednesdays! OptionVue and OptionNET Explorer have some work to add the new options into their software now! Here's the CBOE press release: CHICAGO, Feb. 1, 2016 /PRNewswire/ -- The Chicago Board Options Exchange® … [Read more...] about CBOE to List SPX Wednesday-Expiring Weeklys Options
Which Broker is Best? Things to Consider When Choosing a Brokerage Firm Most traders shop around from time to time for the best brokerage firm for their trading needs. The first question usually asked is: "What are your commissions?" While low commissions are certainly an important factor, they are not the only aspect to consider when … [Read more...] about Which Broker is Best? Things to Consider When Choosing a Brokerage Firm
Gamma is the delta of the delta. Gamma will measure approximately how much the delta changes with a price change in the underlying stock. Gamma and delta are related because gamma measures how much the delta will theoretically move. As gamma increases, it can affect the profit/loss of a position dramatically. A stock will change in price … [Read more...] about Core Concepts: Let’s Touch on Gamma
In the trading world, it's called "pressing", forcing a trade to make more money. Pressing (trying too hard) can hide itself in many ways…position size too large, not adhering to your trade plan, etc. Pressing is totally the opposite mindset of trading selectively, as per trade guidelines and a trader's own trade plan. When you trade … [Read more...] about What Happens When You Try Too Hard to Make Money?
The phrase "Have a Plan; Trade Your Plan" has been used over and over again, and applies to many different business applications. I am a firm believer in having a plan, whether it is a one month plan, one year plan, or a 10 year plan, to achieve your goals in life. Do you have a plan? What goals are you expecting from your trading? … [Read more...] about Have a Plan – Trade Your Plan