This trading blog will be the real deal journal documenting each and every trade I make. Whether going long the shares or shorting a call spread you’ll get my rationale and decision making as it happens. You’ll get to see my mistakes or successes on each trade. In the future I will attempt to provide this blog in video format each day but for now work doesn’t afford the time off during market hours to prepare and post.
In any case, I hope you enjoy. They are meant to highlight many of the steps required to become a proficient options trader or trader in general.
HOWEVER, do not mistake these blog posts as recommendations for you to ever buy or sell a security. I DO NOT suggest you follow my trades. You must perform your own due diligence or consult a registered advisor prior to taking any investments. The information provided here is for educational enjoyment and my own transparent record keeping procedures.
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.
So it’s been a while since my last post and for that please accept my apologies. However, in that post I’d expressed my need to move on from needless speculation and focus more on long term investments.
Wait, NOW?
Yes, unfortunately, I messed that one up big time and my accounts are experiencing the pain as a result…
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.