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.
Tactical Options Trading Techniques
Tactical Options Training Series
Need help staying laser focused on each and every trade?
Ever wonder why you predicted the right direction of the underlying but still lost money on the options?
Want to know how to make money even when your wrong?
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.
An ultra short term trading strategy for quick profits!
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!
Placing High Probability Trades using Fibonacci Levels
In my last post I mentioned placing a pin in the discussion about finding trades after Fib levels were identified. In today’s post were going to pull the pin and continue our conversation about high probability trades.
Read morePlacing High Probability Trades using Fibonacci Levels
A quick look at Fibonacci Levels
Learning to use Fibonacci Levels, both retracements and extensions has been one of the greatest discoveries in my trading career. In the paragraphs that follow I hope to uncover a little bit of the mystery surrounding the Fibonacci indicator.
When do Options Adjustments make Sense?
Let’s talk about options adjustments. That mythical term that new options traders hear all about but are never actually made privy to. Well, take heart, I was right there not so long ago. I searched aimlessly for someone sharing their strategy on options adjustments but all I found were countless “gurus” claiming that to be consistently profitable you have to make proper options adjustments. Followed with…so buy this course…and so on…