July 17, 2008

• How Casting Your “Vote” Affects the Market

  I talk about volume a lot in this space, as well as in my Trading Trainer community.
  The reason is because volume is a critical concept to understand. As I like to say, volume is the great validator. (…)

July 10, 2008

• The Role of a Coach

  In my personal journey to master option trading, I’ve discovered two things:
  1. Trading groups are invaluable. They are one of the golden keys to a successful trading career.
  2. (…)

July 7, 2008

• Momentum, Reversals, and Bar Patterns

  Every day’s bar tells us something about what to expect the next trading day. In other words, today’s bar affects tomorrow’s bar. So how do we know what that effect will be? (…)

June 24, 2008

• The Secret Life of Stocks

  Every stock leads a secret life, which is driven by its unique personality. (…)

June 11, 2008

• The Importance of the Closing Tick

  Every day, there is a tug-of-war in the market.
  The bulls pull one way, the bears pull the opposite way.
  At the end of the day, there is a winner for that specific day. (…)

May 28, 2008

• 3 Wealth Principles for Option Traders

  Last week I took a short road trip to Boise, Idaho. On the way up, my friend asked me what my most important wealth principles are. (…)

April 14, 2008

• How I Trade Stock Options

  When I make a trade, I’m not looking to hold a position for a year, six months, or even three months. I want to enter and exit my trade within three to 40 days. (…)

April 3, 2008

• Why You Should Be a Lazy Trader

  One of the biggest mistakes I see over and over again is trading too frequently.
  You’d think it would be something more technical than that. (…)

March 28, 2008

• Counting Method to Determine a Market Bottom

  Nearly everyone (including the IBD) predicted earlier in the week that the market was confirming a bottom. But was the prediction correct? (…)

March 14, 2008

• The Option Trader’s Toolbox

  To get started trading stock options, you must have a few tools at your disposal. Without these basic tools, you will not be well equipped to accomplish your task. And what is your task? (…)

March 12, 2008

• The Quick & Easy Way to Trade Options

  Barry writes, "Is there is a quick and easy way to find great trading opportunities?"
  Of course, this question is probably on many people’s minds. (…)

March 4, 2008

• Whiplashed by the News?

  Do you trade on the latest news? Do you wait for a "breaking story" to place your trades?
  My advice: don’t. (…)

February 25, 2008

• The Downside of Stock Picks & the Importance of Mastery

  Last week, I asked the question, "Why aren’t we all rich then?" I used this question to bring up the topic of stock-picking services and "experts" who hand you trades on a silver platter. (…)

February 18, 2008

• Why Aren’t We All Rich Then?

  I often wonder…  do we lose our common sense sometimes? (…)

February 15, 2008

• OTM, ATM, ITM?

  In the crazy world of stock options trading, there are all kinds of different acronyms and abbreviations tossed around. The problem? (…)

February 14, 2008

• Three Rules for Option Trading

  I’ve gotten a lot of questions about how I trade options lately. Many of those questions are really roundabout ways of asking if I have any hard and fast rules for trading options. (…)

February 8, 2008

• Who Trades Options?

  One of the questions I received during the recent open question time was about who trades options. (…)

February 5, 2008

• What Exactly Is an Option?

  First off, if you submitted a question for me to answer, THANK YOU! This blog is about education, but it’s also a dialog. (…)

February 4, 2008

• Open Question Time!

  Hey Option Traders! So I’ve been thinking…
  I hate to just post stuff arbitrarily and hope it’s something you want to read about. (…)

January 17, 2008

• Big Volume Is Like a Left Hook

  After writing yesterday’s blog post, I was still thinking about volume and how to explain it using a different analogy. Boxing came to mind. (…)