Tales of a Technician: Why I Take Partial Profits
July 26, 2017
Why do you take partial profits on a credit spread? The short answers are because 1) it increases my profit per day and 2) it increases my probability of profit.
July 26, 2017
Why do you take partial profits on a credit spread? The short answers are because 1) it increases my profit per day and 2) it increases my probability of profit.
July 19, 2017
With the Cash Flow Condors launch now settling down it’s time to return my monthly retrospectives. It’s already the middle of July and I’ve yet to give June its due. If you’re a newcomer to my home then welcome, friend! I’m the Technician and these are my Tales.
July 6, 2017
Oh silver, why must you misbehave so? The only upside to your downside is the inspiration provided for today’s musings. In honor of silver pathetic behavior, I think it’s a good time to flesh out how I feel about cash flow strategies on SLV.
June 13, 2017
I just engaged in a smile-inducing, heartwarming, dance with none other than NVIDIA. The entire episode illustrated perfectly the concept of Return on Time Invested (ROTI) and how to properly view trade management when selling options. If you’ve ever wondered how to optimize your premium-selling ventures then this tales for you.
June 7, 2017
Adios May. We hardly knew ye. But you will go down as the second best month of the year for my trading account so thanks for that! I’ll commemorate your contributions by unleashing yet another in a growing line of insightful retrospectives.
June 1, 2017
Let’s talk trade management ideas for naked puts run amok.
May 24, 2017
“On Delta trading, what would be a reasonable delta limit for my portfolio?” Let’s hop to it.
May 16, 2017
The recent rendezvous of the CBOE Volatility Index (VIX) with the single digits has the punditry class all aflutter. And with good reason. It’s a rare occurrence seen only a few times over the past 27 years.
May 4, 2017
Another month is in the books. And with that, I’m ready to roll out my fourth monthly retrospective. One thing I was reminded of last month is the reality of diversification.
April 28, 2017
My mindset is completely different now. How I approach my finances and manage my businesses plus how I talk to my kids about money and their future is no longer the same.
April 20, 2017
Today’s tale tackles credit spreads and volatility. Fellow team member Adam posed an interesting question I’d like to address.
April 12, 2017
While U.S. equities continue to dither, things are getting frisky across the pond.
April 5, 2017
April is upon us, and you know what that means – another monthly retrospective! I can already feel the good vibes bubbling to the surface. Lest you are unaware, I’ve started a new series this year here at Tales of a Technician.
March 23, 2017
Tuesday’s plunge was a stark reminder that markets move up and down. It was a warning shot, a gut check for bulls of all stripes to see how efficient their risk protocols are.
March 15, 2017
Last week’s missive spotlighted the sudden resurgence of volatility in the oil patch. Today I want to pick-up on the theme and layout one-way traders might try to capitalize on the situation.
March 9, 2017
Volatility has finally returned to the oil patch. And that’s a good thing. Before yesterday’s bloodshed, the Street’s favorite oil ETF, USO, had become a total bore.
March 2, 2017
Time for the second installment of our monthly retrospectives. If you missed last month’s, then your life is half as joyful as it should be and not nearly entertaining enough.
February 22, 2017
Today we continue our carefully crafted tale on how to perfect your process.
February 15, 2017
Traders should be process-oriented, not results-oriented.
February 8, 2017
Perhaps no group of traders is more frustrated right now than those attempting to bottom fish the volatility markets. Poor souls.