A Complete Swing Trading Option Strategy

Weekly Option Review #5

February 26, 2010

It’s been an interesting week. At times it really looked like the market would roll over. But by Friday, it close out the week only couple of points down. As the chart of SPX above shows, the recent upward moves of last week, have caused the 10 day MA to rise just 2 points above [...]

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Weekly Option Tips #4

February 25, 2010

Plan The Trade, Trade The Plan.
There’s nothing more critical to your success than being able to execute the above sentence. Trading according to your gut, or your “feelings” won’t bring you consistent performance. You can trade this way if you want, and sometimes you’ll be right. But you won’t consistently earn money. That’s simply no [...]

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Option Blog Review #4

February 24, 2010

This week’s Option Blog Review looks at Sheridan Option Mentoring. The blog itself contains a daily market commentary, which is always an enjoyable read. What’s really good is the links to the free CBOE webinars that Dan Sheridan routinely does. I encourage everyone to check these out as there’s incredible value in these presentations.
In addition [...]

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Heads I Win Tails You Lose.

February 23, 2010

OK! Time for a math lesson. Don’t worry if math was never your favorite subject in school. It wasn’t mine either. I promise, no talk about calculus, Brownian motion or standard deviation. Alright, the last one will be a little tough, but I’ll try!
Instead, today’s lesson will be short on the theoretical and long on [...]

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How To Get Broke Trading Options

February 22, 2010

You think making money trading options is easy? Well, losing it is even easier! Here’s ten ways guaranteed to blow out your account.**

Treat options like they’re stocks. Buy calls if you think the stock is going up. Buy puts if you think it’s going down. You see, trading options is really as simple as any [...]

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Moolanomy Likes The Meatball Effect

February 22, 2010

I just had a guest post called The One Reason You Need A Risk Management Plan published over at Moolanomy today.
Moolanomy is the 8th most popular Personal Finance Blog according to WiseBread, so that’s pretty cool!

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I’m In The Kirk Report

February 19, 2010

Woo Hoo ! Looks like I’m movin’ on up!
Just noticed that my article The Trader Who Retired Early got mentioned in the Kirk Report.
Not that I’m one to pay attention to any of this stuff!

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Weekly Option Review #4

February 19, 2010

Well everyone, the chart says it all. Monday the market went nowhere, followed by a massive move up on Tuesday, and a continued grind upwards the rest of the week.
No reason to belabor the point on why the market moved up so much. Nor is it of any use to attempt any prediction of further [...]

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Weekly Option Tips #3

February 18, 2010

Don’t use market orders when opening a new option position. Options, unlike stocks, can have a very high bid/ask spread. This spread can really cut into your profit if you end up buying the ask and selling the bid. Suddenly, something that looked so good on paper doesn’t measure up in the real world. It [...]

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Option Blog Review #3

February 17, 2010

This week we’re going to take a peek at another option blog called Vix And More. Written by Bill Luby, this blog’s focus is primarily on volatility, market sentiment, and technical analysis. There is a lot of good meat in here, as the blog is already in its fourth year of publication.
If I had to [...]

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