Adam asks if traders can make money using trailing stops in random walk markets.
Traders Ask: How do I “repair” my deep in the money covered call option?
A reader asked us for help in the following situation: “I have a question and wonder if you will help. I would appreciate very much any advice that you can offer. I have 100 shares of GMCR stock and I have written a covered call– June ‘ 11/ strike 43– against it . The stock gapped up from 41 to … Read More
The Anthony Corporation Board of Directors
One of the most popular income options strategy is known as the high probability iron condor, which consists of a call side credit spread and a put side credit spread “facing each other” very far out of the money. For example, on January 19, 2011, at about 10:30 in the morning, the RUT Index was trading at 798. An options trader … Read More
Evaluating your trading results (4/4)
How to use statistics to analyze your trading setups and individual trades.
Don’t Be This Guy
Yesterday in the AM Meeting I mentioned XOM basically as an aside. It had reported earnings and was at the 52 week high in the premarket, so I felt obligated to at least mention that it should be bought above that level. So it ended up consolidating tightly right below the 80 level and I’m sure a bunch of SMB … Read More
Evaluating your trading results (3/4)
Some ideas for doing statistical analysis of your daily trading results
Guest Blog: Intraday reversal trade
A look at a developing trader’s reversal trade in NBL on 1/29/11
Why Am I Getting Stopped Out More? (Part III)
How to use wicks and other traders’ mistakes to our advantage.