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…
The title should have tipped you off that this post will indeed discuss timing and more specifically, emotionally charged trade timing. That’s a head scratcher but let’s get into this because I know all to well (wink wink) just how important trade timing can be.
Lets talk trading drawdown. Yes, that nasty occurrence that traders everywhere love to hate. Drawdown equates to the sky crashing down on top of your portfolio and leaving you questioning every trading decision you’ve ever made. But wait please, before altering what could be an excellent trading
Is there even a difference between technical analysis and technical indicators? Does the use of one lead to the other? The answer to the first question is, yes there is a difference but most don’t bother to understand it. The answer to the second is, kind of, but it’s the proper use of one that … Read moreWhat is the difference between technical analysis and technical indicators?
I’m entering an options trade on FXE, here it is with some detail. Enjoy and don’t forget to ask any questions below.. Here’s the chart… *Please note this image was taken on 5/9/17 I actually entered the trade 6 candles back, on 5/2/17. Analysis I’m considering or more appropriately, was considering entering an options trade on … Read moreCurrencyshares Euro Trust (FXE) – Live Trade – Entry 5/2/17