February 12, 2019
In the beginning, there were the financial markets. People would stare at them and start reasoning about what to do with them. Then, one-by-one, they decided to try and invest, trade, buy and sell. Some got broken along the way and promised never to go back there again. Some did succeed by having the momentary companion of Lady Fortune, after which, they got broke and promised never to go back there again.
February 8, 2019
My biggest setback, also a quality from my mother, is how risk-averse I am. They say that women usually make the best traders because they hedge their risks by taking their profits early.
February 4, 2019
It is the rare individual who does not get derailed by failure. It is the unique individual whose dreams become larger and larger over time. What can you do this week to increase the size of your dream? Are you going to let your past failures keep you from maximizing your potential in life? Seize the day this week my friends and whether it is trading, entrepreneurial activities or personal growth take steps this week to becoming the best version of you possible.
February 1, 2019
A large part of my “Why” for learning financial markets is to overcome fear: Fear of financial insecurity. Fear of losing something I had (nest egg). Fear of not getting something I wanted (secure retirement).
January 31, 2019
The world of investments is divided into those who don’t know and those who think they know.
January 28, 2019
Let’s play a game. A risk management game.
January 22, 2019
Traders have all sorts of rules and guidelines for managing covered calls that move in-the-money.
January 17, 2019
≈ A Beginner’s Guide to Trading. ≈ We’re happy to announce the re-release of our video-based course the 7-Step Guide to Trading. If anyone asks me, “How do I learn how to trade?” I will send them first to this course. We’re very proud of it, and excited to have #TeamTackle take the course. TheREAD MORE
January 11, 2019
One of the carefully crafted and thoroughly vetted systems introduced in the Bear Market Survival Guide is the Bear Tamer.
January 3, 2019
Apple is rotting. But we’re going to eat it anyway. I’ll have to mix-in some options to make the meal tasty enough, but I think we can come up with something both palatable and profitable.
December 28, 2018
Let’s take a look at a recent bond trade to discover how I adjusted a put fly gone awry.
December 26, 2018
One of the systems introduced in the Bear Market Survival Guide is called “Fade the Fear”. And with the epic levels of panic seizing the Street, the time is ripe for its deployment. After a brief review, I’ll provide an example of how you might use it right now.
December 21, 2018
Well, that escalated quickly. Last week we highlighted why long straddles were tempting on SPY. Today I want to follow-up to see how the idea fared.
December 13, 2018
When does a long straddle become tempting? I have a simple answer that is taking place in the market right now.
December 7, 2018
The new market overlords bear the names of Volatility and Whipsaw. And they’re nasty brutes. The kind that steal your lunch money kick you when you’re down, and spit “yo mamma” jokes with pleasure. The antics of these bullies have been on full display since October.
December 4, 2018
Every effect needs a cause. Sweet sounding and simple explanations make humans feel good. But never forget that the narrative doesn’t drive price. It’s the other way around.
November 29, 2018
≈ Keep it in your pocket. ≈ Yesterday you’ve learned the (easy) definition for option Greeks. Today we will dissect the Greek Delta: Delta: Delta is the Greek that measures the sensitivity of the option price to a change in the price of the underlying asset. Can’t get any simpler than that. If the priceREAD MORE
November 29, 2018
$AXP – you are a rockstar.
November 28, 2018
≈ Keep it in your pocket. ≈ We are back with our Options Heuristics Series. To refresh your memory, the idea behind this series is “How can we explain the basics of Options so that our students can really learn, without getting confused with so many concepts, terminologies, and strategies?” By definition, a heuristic isREAD MORE
November 8, 2018
Nothing like a monster “V” shaped reversal to get the juices flowing, am I right? Count me among those suffering whiplash over the market’s death-defying whoops and whirls of late. Yesterday was particularly annoying for those short delta toting traders like me.
