Make no mistake about it—the stock market and the economy are strong. However, with the market sitting around all-time highs again, how much longer can we expect investors to buy up stocks? It’s a tricky situation, to say the least. That’s why I chose my spots carefully last week…treating each opportunity with a touch more … Read more
It doesn’t matter… you can be the world’s greatest stock-picker But if you don’t know how to manage a trade then it won’t do you any good… Proper trade management goes beyond the basic mantra: let winners run and cut your losers short. Through experience and mentorship, you’ll learn that you have specific tools at your disposal. … Read more
I remember when I discovered the power of swing points… each holding more information than a library. At first, I wanted to know how to pick off the top or bottom of a reversal. Turns out I was asking the wrong question. The right question is: what can swing points tell me? The answer – … Read more
As traders, we often get caught up in the internals—chart patterns, price action, volume, and volatility, etc. However, news catalysts often are what drives stocks to make the moves they make. One way you can become a faster trader is becoming more knowledgeable about the companies you trade. That is, understanding its business, how it … Read more
Your success as a trader is determined by your actions more than anything else. Why? Because you CONTROL when you’ll enter a trade. You are in charge of how much is risked per trade. And in turn, your destiny lies in your hands. Believe it or not, you’ll be surprised at how many traders mess … Read more
With one day officially closed for trading on Thursday – Thanksgiving Day – and Friday is a half-day, expect trading volumes to be low and volatility to dry up. And while that’s what I’m expecting, it doesn’t mean I took the weekend off from doing my homework. I’m ready for anything even though I don’t … Read more
Its been a November to remember for me thus far… How many option traders do you know that buy options with a win-rate over 70%? I’ve placed 43 trades—pulled out over $24K in profits—at a 74% win rate. Of course, the month isn’t over yet, and it’s never wise to count your chips while you’re … Read more
The stock market has been on absolute fire – shattering even the most bullish of bulls’ expectations. Of course, the Monday morning quarterbacks will say they all saw this coming… Let them take the credit… I just want to keep the profits. And trying to pick tops (or bottoms) is not how I’ve been able … Read more
When stocks are trading at their highs, traders become complacent and market volatility sinks like a rock. In fact, there are specific strategies that you can execute for extraordinary returns in a low vol market. There is nothing worse than trading a great option strategy at the wrong time— it’s not only frustrating but you … Read more
Your trading falls apart for one undeniable reason. You want it all… and you want it right away. Believe me, I was no exception — I wanted to own every market…conquer everything from trading penny stocks to futures options. It led me down a path of self-destruction… within a matter of months, I blew up … Read more