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Every Monday Tyler Craig, our resident technician, unleashes a new missive on an investing topic worthy of your attention. Tyler is a member of the CMT Association and holds the Chartered Market Technician designation. He enjoys spinning tales, demystifying markets, and sharing fascinating observations from his trading adventures.

Every Wednesday Tyler Craig, our resident technician, unleashes a new missive on an investing topic worthy of your attention. Tyler is a member of the Market Technicians Association and holds the Chartered Market Technician designation. He enjoys spinning tales, demystifying markets, and sharing fascinating observations from his trading adventures. Currently Tyler is a mentor for Rich Dad Education and teaches their Options 1 and Options 2 classes.

Tales of a Technician: The PERFECT Strategy for Buying Dips and Selling Rips

Written on October 16, 2017 at 11:16 am, by

Want to know which trading adage is as old as time? “Buy low, sell high.” It’s as intuitive as putting on pants in the morning. But as many traders quickly discover, saying the phrase is one thing, but successfully employing it is quite another. Fortunately, there’s an options strategy that does this automatically, without anyREAD MORE

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Tales of a Technician: Ray Dalio and the Progress Formula

Written on October 12, 2017 at 11:38 am, by

Ever wonder how a billionaire hedge fund manager defines progress? I have. All the time. It’s what I think about at night when sleep eludes me and sheep counting gets boring. Fortunately, I stumbled upon the answer when listening to an interview of Ray Dalio who is the founder of a Bridgewater Associates, a hedgeREAD MORE

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Tales of a Technician: The (Painful) September that Was

Written on October 9, 2017 at 11:30 am, by

Today’s post continues a long line of retrospectives. But unlike its predecessors, this one is bound to bring pain instead of pleasure. And that, friends, is because September was my first losing month of the year. Was it because I was a dum-dum? Or was it simply because market conditions soured for my systems andREAD MORE

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Tales of a Technician: An Iron Condor Post-Mortem Part 2

Written on October 3, 2017 at 5:52 am, by

If you haven’t yet had the pleasure of reading the first part of our October Iron Condor analysis, you can do so here. Pain Prolonged One of the aspects of selling longer-term Condors re-iterated to me this month was how the pain of holding a losing position is prolonged. This often increases the emotional componentREAD MORE

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Tales of a Technician: An Iron Condor Post-Mortem Part 1

Written on October 2, 2017 at 5:50 am, by

Obituary Aug 18th, 2017 – Sep 27th, 2017 Salt Lake City, Utah – Mr. October “Heartbreaker” Condor was born on Aug 18th, 2017 amid great fanfare. His proud papa (Papa T) welcomed him with open arms into a warm portfolio. Papa T even provided him with a highly coveted perch to settle on. And whileREAD MORE

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Tales of a Technician: What You Can Learn From My $20K Loss

Written on September 25, 2017 at 5:28 am, by

Let’s pick up on the tale I began to weave last week. If you haven’t had the pleasure of reading it first, do so. It provides the context needed for today’s takeaways. You’ll recall I took a portion of my hard-earned dough and invested it in hard money lending for an auto dealership. My cashREAD MORE

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Tales of a Technician: The Day I Met Mr. Ponzi

Written on September 18, 2017 at 5:54 am, by

Today’s tale is a cautionary one. It’s also personal and true. It will be laced with lessons, painful ones. I think it will help provide some insight into why I champion individual investors taking control of their own money, commiserate with those that have been burned by investments, and am saddened when traders lose moneyREAD MORE

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Tales of a Technician: The August that Was

Written on September 11, 2017 at 4:53 am, by

The close of each month provides a time for reflection. I scour my trade journal in search of clues, lessons left by winning and losing trades. I’m convinced that there are only so many mistakes you can make. Savvy traders commit them once and modify their behavior. Dumb traders, masochists that they are, commit themREAD MORE

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Tales of a Technician: How I Deal with Price Gaps

Written on September 4, 2017 at 5:18 am, by

In a perfect world price gaps would be eradicated and liquidity would reign supreme. The movement of an asset would be a continuous stream allowing easy entry and exit. Picture an uninterrupted flow that allows all participants regardless of size the ability to buy and sell at any darn price they please. Slippage would onlyREAD MORE

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Tales of a Technician: A Peek at My Trade Management Ideas

Written on August 28, 2017 at 3:28 pm, by

The workers of the idea factory in my head have gone on strike this morning. Little buggers probably can’t read a calendar and think it’s already Labor Day. But that’s okay. I’ve come up with a workaround for anytime I have to churn out content and am out of ideas. TALK ABOUT TRADES!  There’s noREAD MORE

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