This week I would like to take a look at the possibility that you missed a terrific entry on a trade, but you are still confident in the eventual destination. How far are you willing to "chase" the trade?
Golden Cross
Many traders often ask me what the "Golden Cross" is. The actual definition of a Golden Cross is when a shorter moving average finally crosses a longer one, thus confirming a trend is intact
Great Trader Part II
Last time we talked about an options trader having a commitment to excellence. This time we'll go over why an options trader needs a trading plan and how to go about writing one.
The Mass Perception Trap
At the core of any significant economic, political, scientific, social, medical, psychological or cultural theory lies a quest to understand and quantify the forces of change, action or energy.
Which Trend Really Matters?
One of the most perplexing areas of trading is identifying trends early enough to still have low risk and high reward entries.
A Strangle and Calendar Spread
In a class in Northridge, CA, we were looking at the market as it was stuck in a channel and we were considering placing a trade.
Great Trader Part I
Have you ever wondered what makes a great options trader? I don't mean an options trader that does pretty well, but one that you envy and want to be?
Capitalizing on Austerity
The recent debt ceiling crisis represents the beginning of a new era that will undoubtedly leave permanent scars on the U.S. economy.
Make Your Own Index
In every Forex class I teach at Online Trading Academy, we discuss certain "odds enhancers" that can help us in our trading.
One of My Favorites
One of the indicators I use often is the Commodity Channel Index (CCI).
Using a Back Ratio Spread as an Exit for a Butterfly
This article will examine the specifics of a butterfly trade that one of our students had recently taken without truly knowing what he did.
What Do You Do at an Intersection?
This week we will continue the driving theme while we look at charts to help us determine high probability/low risk trades.
