August 20, 2019

Sometimes, It’s About When NOT To Make A Trade

It’s relatively easy to get yourself into a trade.  Just pick a direction and act on it.  It’s natural to want to do so.  But, impulsivity can get you into trouble.

In the following video we discuss how to analyze a set up, this time with CREE for earnings to show how we use discipline to keep ourselves in check.

Follow me on Twitter @MikeShorrCBOT

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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