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The Stock Traders Left Behind In The Tech Selloff
Want to get more trade ideas for tech stocks from Mike Shorr? Let’s see if you’re a fit for his program. Fill out this quick application to get started. The tech stock selloff sent traders into a frenzy this week. While most traders are focused on the usual suspects, Mike Shorr is following one stock […]
Read ArticleMike Shorr’s Roblox Analysis Is Looking Good So Far
Roblox (RBLX) jumped over seven percent in one day after clearing a key technical level. Mike Shorr flagged the move the day before it happened. He broke it all down on Business First AM. The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes […]
Read ArticleRisk Reversals: When The Market Flips The Script
Many options traders focus on one direction at a time. However, risk reversals can force you to focus on two directions simultaneously. Buy a call. Buy a put. Maybe sell a covered call against something you already own. That’s exactly what makes them so powerful…and dangerous, if you don’t know what you’re doing. I’ll walk […]
Read Article3 Charts Day Traders Should Follow
In this current market, I believe day traders should ask themselves three important questions: The answers won’t jump out at you…and in conditions like these, finding them is no easy task. In my years of experience, I’ve learned that day traders should try leveraging every possible resource at their disposal. While risk management and a […]
Read Article3 Top Indicators For Day Trading Options
Make no mistake…day trading options can be very profitable, but it can also be very risky. If you don’t know what you’re doing—you will get burned. When I first started day trading options, I learned that lesson the hard way quite a few times, but those experiences made me a better trader and coach. I’ll […]
Read ArticleYou Have A Lot Of Options Out There
There are a number of different types of options expiration types. In the vast majority of our signals, our options will be categorized as “American”-style options. There are some, like VIX options, that are “European”-style options. Here’s a quick explanation of both. The term “American style” in relation to options has nothing to do with […]
Read ArticleOptions Expiration vs. Exercising Options: Common Misconceptions
If you have spent any time researching trading schools or trading signal services, you undoubtedly have come across many that claim that buying options is a proposition that loses up to 90% of the time and thus you should always take the other side and sell options. Sound great right? Problem is that these claims […]
Read ArticleBad News For NKLA Can Be Good News For NIO
We had a great example of a swing buy entry in NIO, Inc., the electric car company (Ticker: NIO). It’s based on a break out pattern on an hourly chart and confirmed with a daily chart. Click the video below to learn more details: Grab a free day pass to one of our live […]
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