Ep. 5 - The Three Dimensions of Vertical Spreads

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Maximize ROIMy friend, head coach, and trading peer, Jason and I are back, this time to wrap up our serial on the three dimensions of vertical spreads.  This is our last episode.

In this episode we talk about what considering implied volatility graphs ahead of a trade can do to a trade’s end-profit. Read More

Video: Covered Call Writing  

Learn How to Write Covered Calls

In this series of 6 videos, I show you how to execute my covered call writing strategy from start to finish. Watch the first video instantly when you click for more information. Click for more »

Ep. 4 - The Three Dimensions of Vertical Spreads

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Probability Theory In The MarketsWe’re back again! My friend, head coach, and trading peer, Jason and I are back with our fourth episode of our video training serial on vertical spreads. Every week we intend to bring you a new episode.

In this episode we introduce graphs of implied volatility values to visualize vertical skew and describe how to interpret them. Read More

Trade Stock Options for Profit  

Trade Stock Options for Profit

Discover simple but effective option trading strategies that lock-in profits on low-risk, short-term trades. Takes only 30 minutes a day. Click for more »

Ep. 3 - The Three Dimensions of Vertical Spreads

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CB023151Did you miss us?  It’s been about a week and as promised, my friend, head coach, and trading peer, Jason and I are back with our third episode of our video training serial on vertical spreads.  Every week we intend to bring you a new episode.

In this episode we discuss volatility; comparing historical and implied. We look deeper into implied volatility and derive that it is function of traders bidding up and down the call and put options; non-optional stocks do not have an implied volatility.  Read More

Free Gift for Option Traders

4 Free Gifts for Option Traders!

Includes a free audio training course, a free DVD, a free strategy session, and a free month of the new Accelerated Learning Program. Click for more »

Ep. 2 - The Three Dimensions of Vertical Spreads

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Stock Trading School My friend, head coach, and trading peer, Jason and I are back again with a second episode of our video training serial on vertical spreads. We’re doing an episode every week.

In this episode we discuss how the effects of time on out-of-the-money (and in-the-money) options are different from at-the-money options.  We can use this knowledge to time our entries and choose our strikes when positioning vertical spreads. Read More

Video: Covered Call Writing  

Learn How to Write Covered Calls

In this series of 6 videos, I show you how to execute my covered call writing strategy from start to finish. Watch the first video instantly when you click for more information. Click for more »

Ep. 1 - The Three Dimensions of Vertical Spreads

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options-case-studiesI’m trying something new as a post to this blog.  My friend, head coach, and trading peer, sat down with me and we put together a video training serial on vertical spreads.  We’re going to do an episode every week and post it here on the blog every Tuesday.

This episode introduces what I call the “Half Condor.”  The Half Condor mingles the directional bias of swing traders with some of the fundamental concepts of delta neutral trading.    This combination allows for some very high probability and consistent results.  We begin this series by identifying the different types of vertical spreads, designating the Half Condor from others by liquidity levels and price, time and volatility risk. Read More

Option Trading Is Risky!  

Option Trading Is Risky!

Which is why it is so important for you to get ongoing option trading education from somebody who has developed a proven system for profit. Click for more »

ATM Calendar Spreads, Aware of the Gotchas?

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Calendar Spread TimerOver the years of being both an options trader and trainer, I have seen different option strategies that come into and out of vogue. It seems almost cyclical, like fashion.

For me, every option strategy has its time and place to be traded. I look at each option strategy as a tool for an application. Rather than trying to apply a single tool to every situation, I prefer to assess the situation and pick the right tool.

With that said, I am seeing a lot of emphasis right now on at-the-money (ATM) Calendar Spreads. I thought it would be worthwhile to steal some insights from our Trading Trainer Academy program and bring attention to some hidden gotchas that, if not accounted for, could turn a highly profitable ATM Calendar Spread into a big loser. Read More

Key to Trading Stock Options  

Finally, The Key to Trading Stock Options

Develop the skills, discipline, and accountability that are critical to your success as an option trader. And do it all using a proven system for success. Click for more »

Three Keys to “External Stochastic Shocks”

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Three Keys to "External Stochastic Shocks"I believe it was a Harvard study that determined when someone communicates a message to another, 7% of its meaning comes across in the words, 38% of its meaning comes across in the person’s voice qualities, and 55% of its meaning comes across in the person’s body language. (That explains why emails, instant messages and text messages are so often misinterpreted; the voice qualities and body language applied when reading them are the receivers’, making up 93% of the message, and most probably does not match the voice qualities and body language intended by the senders.)

Read More

The 5 Master Keys to Disciplined Trading

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The 5 Master Keys to Disciplined Trading

I’m often approached by people looking for the “holy grail” when it comes to trading.  Well… most people don’t like my answer.  The “holy grail”, I tell them, is becoming disciplined; taming your fear and greed emotions when trading.  It’s not a new fangled trading indicator or a super secret trading strategy.  It’s not a specially programmed automatic trading platform (although, if using an automatic trading platform forces someone to stick to their plan and not be swayed by their emotions, then we’ve got something).  It’s just not a “sexy” topic.

Still, not mastering the trading discipline is why it is said that 92% of new traders don’t last.

Read More

What’s the Best Overbought / Oversold Indicator?

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What's the best overbought / oversold indicator?Now and then I get asked what are the best technical indicators to use in trading. I know some of you out there are endlessly hunting for the holy grail of technical indicators that’ll get you in and out of trades flawlessly every time. If you find it let me know, and in the meantime here are a few rules of thumb:

1) It’s never a good idea to make trading decisions based on a signal from a single indicator. Technical indicators work best when you use them together, and as one part of a broader trading plan. Read More

Why You Don’t Get the Results You Want

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income_chartOne trader buys a home study course, studies it religiously, takes action… and gets amazing results in the form of winning trades and big profits.

Another trader buys the same home study course, reads a chapter or two, puts it on the shelf… and never implements a single thing he learned.

Why? What makes the difference?

Well, Tony Robbins has an answer.

Read More