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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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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I am typically not a big fan of “rolling a position”. Typically you get one of two things or both. Either you increase your potential risk or you are just putting off the inevitable. In all cases, you are going to generate more fees. But there are times when it makes sense. When you hold […]
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Dealing with a losing trade. It’s not fun and certainly, no one looks forward to dealing with them. It’s a fact of life for a trader and you must learn to deal with them or you will never be ultimately successful. But, you also need to be informed (and thus empowered) to deal with the […]
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Not all options are created equally. There are different types of expiration styles as well as expiration time cycles. Here are examples of each: American Style Options The term “American style” in relation to options has nothing to do with where contracts are bought or sold, but rather to the terms of the contracts. Options […]
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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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Remember, we trade in the world of PROBABILITIES and not POSSIBILITIES. This concept must be kept in mind. Click the video below when we outline these principals with our entry in Electronic Arts (Ticker: EA):
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Remember, we trade in the world of PROBABILITIES and not POSSIBILITIES. This concept must be kept in mind. Click the video below when we outline these principals with our entry in Electronic Arts (Ticker: EA):
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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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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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