DAY TRADING Part 1

DAY TRADING Part 1

DAY Trading, is this a risky way to trade or a strategy that will save your bacon when volatility is up in the market? Day trading became prevalent and available to the retail trader when the tech boom was in full swing in the 1990s. Some brokerages opened their doors...
A Closer Look at the VIX

A Closer Look at the VIX

The Volatility Index (VIX) is a contrarian sentiment indicator that helps to determine when there is too much optimism or fear in the market. When sentiment reaches one extreme or the other, the market typically reverses course seeking equilibrium. What is volatility?...
Understanding Your Options Chain

Understanding Your Options Chain

If you are going to trade stock options, one of the most important tools is the Option Chain.  The COUNTLESS values in the Option Chain can make it look intimidating, but luckily there are only a few key numbers that matter. BID and ASK are the price points that you...
Who is Guarding Your Gold?

Who is Guarding Your Gold?

Overtrading is a common error many traders face.  We make a few profits and get excited and want to continue to trade.  Profits can emotionally give you such a wonderful feeling that you want more of that feeling.   Trader Beware!  The market will take profits away if...
Trading Naked Puts For A Living

Trading Naked Puts For A Living

When someone asks me what do you do for a living I tell them that I trade the stock market.  That usually causes an inquisitive look on their face and bring them to their next question of what do you trade? I told him I love going naked in the market. That usually...