- Curious why your stop was hit but closing price remains little changed?
- Sick of losing trades that turn into winners after you’ve closed?
If these sound like you, don’t panic because you’re not alone! In fact, after nearly 10 years of trading I still find myself caught in this paradigm from time to time(please excuse the lame rhyme:). The only difference is I’ve been through it before, so I’ve developed a few tricks for avoiding the market or market makers trip mines.
Inexperienced traders slip on these banana peels over and over again. In fact, its these nuances that cost traders countless amounts of money and probably lead to their retirement. So, no matter what level trader you are look no further than these posts to uncover the costly tricks that might be plaguing your P/L statement.
If you have any questions please feel free to reach me via the contact page anytime. I’ll respond personally!
With so many possible vertical spread combinations singling out the best one is mind numbing, to say the least. Using these steps can help simplify the process and create confidence that major factors haven’t been ignored.
Read moreVertical Spread Checklist – A Guide to Profitability
As the title suggests, options strategies are infinitely easier with volatility reaching these extreme levels. That doesn’t mean we should throw caution to the wind and trade every strategy known to man. It does however offer an opportunity to make some quick cash and in this market that could be much needed.
Hello speculative traders or investors! Wanted to start by thanking those of you that have visited my site. I have enjoyed and will continue to enjoy creating videos and writing posts for everyone interested. If I can ever help don’t hesitate to reach me at the email located in the footer or by commenting on one of my posts. I receive either directly.
Many traders may agree, using trendlines is like trying to paint a Picasso. We’ve all seen the trading guru’s chart with them drawn in, they seem so clear, so ridiculously crystal clear about what to do next its almost painful. Why then do I and so many others struggle to use them? In the next few paragraphs, I hope to simplify trendlines and shed more light on their use.
Stop orders are a good thing. Understanding that will serve a trader well. They limit trading losses, and that’s great! The problem is…that seems to be the only thing ever said about stop loss orders and that isn’t great! The truth is, stop loss orders can fail and if you’re anything like me you may just have forgotten to plan for that.