Then this series is just for you, in it I’ll discuss entries, exits, selecting strike prices, and all the criteria a serious options trader needs to be successful.
Options training courses can cost hundreds of dollars for information widely available, for free! As such, the information here will always be free for review and study. Many of the options training techniques garnered here are washed in the fire – so to speak – they’ve been molded through live experience. Basically, I’ll be skipping the theoretical concepts.
I know you’ll enjoy this series but if you have a question simply hit the contact button at the top of your screen to reach me directly.
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
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.
So you’ve watched a few videos on youtube and you’re scanning the comments section only to find someone claiming “all indicators are useless”. In fact, if you scan the comments of this site you will certainly find the same. Without fail, study any media stream and there will always be someone claiming indicators are garbage.
Ok, so its just one picture but it will need some explanation. Also, this picture doesn’t and won’t showcase proper money management. I’ll leave that part to you for this post. What it will do however is demonstrate appropriate entry, exit, profit, and stop targets…aka…the trading plan.
So, generally speaking I don’t love any short term trading strategy.. mostly due to the fact I lose more money than I make but given the simplicity and potential power of this new strategy it seems reasonable to share.
Read moreAn ultra short term trading strategy for quick profits!