Categories

Sign Up to Receive the Latest Trading Tips and News from Prosper



    May 6, 2020

    POC Vs. VWAP…Is There A Difference?

    The POC (Point Of Control) and VWAP (Volume Weighted Average Price) are two technical indicators used by traders.  Many traders use the terms interchangeably, but is it correct to do so?  No, it is not correct to equate the two indicators. Both represent where the most trading occurred. The VWAP relates to volume.  It is […]

    Read Article
    May 5, 2020

    You May Have Heard of the SEC and FINRA, but What Are They?

    With all the financial organizations out there, knowing what they all do can be as complicated as knowing where to invest. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)—formerly, the National Association of Securities Dealers (NASD)—are two of the most important regulatory bodies in the U.S. financial system, but they have very different scopes and purposes. […]

    Read Article
    May 5, 2020

    How Does A Broken Wing Butterfly Work?

    A broken wing butterfly sounds like a complicated strategy. From the outside it maybe. But if you look at what this strategy really is, it is not so complicated. Check out the video below to see what I mean.

    Read Article
    May 4, 2020

    Day Trading Methodology Explained

    Day trading options can be a very rewarding and exciting addition to your trading repertoire.  In this video, I explicitly explain how we approach our day trading methodology in the Short Term Options signal room. Follow me on Twitter @MikeShorrCbot  

    Read Article
    April 30, 2020

    What Is the Optimal Trade For An Earnings Play?

    There are many types of option strategies available to us for an earnings report. But which one makes the most sense? Click the video below as I explain what these strategies are and step-by-step how to analyze them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on […]

    Read Article
    April 29, 2020

    How To Execute Conditional and OCO Orders On ThinkOrSwim

    There are many types of option orders, but there are two special ones available on the ThinkOrSwim platform. Click the video below as I explain what these order types are and step-by-step how to execute them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on Twitter: @MikeShorrCBOT

    Read Article
    April 29, 2020

    How To Calculate A Target Or Stop Price Using Delta

    So you have pulled the trigger and entered into an options spread.  Congratulations!  Now what?  Managing the signal is just as important as your decision to enter one. Click the video below to find out how you can use delta to target your entry and exit levels. Follow me on Twitter @MikeShorrCbot

    Read Article
    April 28, 2020

    The Ledge

    The Ledge Methodology is a derivation of the Crossover Scalp.  It uses the exact same chart as the Crossover Scalp but in a different way.  When markets are calm and orderly, the Crossover Scalp has proven to be a very effective tool in our trading in the STO Room.  But as we know, the markets […]

    Read Article
    April 28, 2020

    Step-By-Step Instruction On Day Trading Methodology

    Are you an active trader?  If you have not explored trading options on a very short-term time frame, you may be missing out.  Watch this video as I explain the short-term trading methodology that affords us a very good reward to risk ratios. Follow me on Twitter @MikeShorrCbot  

    Read Article
    April 27, 2020

    What Do I Need To Do To Start Trading Options?

    You’ve made the decision to start trading options.  Congratulations!  Options offer many advantages for the novice and experienced trader alike.  But, “where do I start?” you may ask yourself. You can trade and invest in options at almost any major broker. Typically, you will also need to apply for, and be approved for, margin and […]

    Read Article