We discuss tirelessly about risk during the trading day. Risk is not something to avoid, but manage. Some risk management is pretty straightforward like when dealing with vertical spreads. Other types of spreads, like calendar spreads require a bit more work and a few more tools. Click the video below as I walk us through […]
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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 […]
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Pin risk occurs when the market price of the underlier of an option contract at the time of the contract’s expiration is close to the option’s strike price. In this situation, the underlier is said to have pinned. Click the video below to see me break down this important topic. Grab a free day pass […]
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Many traders look at their win to loss rate when evaluating their trading. This is an important concept, if you are right way more than you are wrong, you probably are not going to enjoy much success. But, many are missing one part of the puzzle, expected value. Not only IF you are right or […]
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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 […]
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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. Follow me on Twitter: @MikeShorrCBOT
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Many traders shy away from trading options because for many reasons. The two main ones I have encountered are either they are too complicated or there is too much risk or a combination of both. The risk part is simply just not true. If used properly, options afford traders MORE control of their risk and […]
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Keeping track of your trades has obvious importance. You need to be able to reconcile your trading statements jibe with your personal accounting. But there is another key factor to consider, self-accountability. You have to be honest with yourself. Where are you doing well? Where are you not doing well? Are you staying disciplined. Our […]
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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. Follow me on Twitter: @MikeShorrCBOT
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Curreny warfare is a way to export deflation. When one country weakens its exchange rate, another country’s exchange rate gets stronger. This makes imports cheaper for the country with the strengthening currency. A flood of cheap imports in its markets hampers inflation. Inflation is boosted by increasing domestic demand. The increasing domestic demand is backed by […]
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