Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Recently the Nasdaq hit a new, key psychological target of 15,000. While this is notable news, I’m still cautious. Instead of buying options contracts right now, I’m buying stock. Here’s why: Slow to reach the highs The Nasdaq reached new all-time highs, but it was a slow crawl to get to where … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Last month the Federal Open Market Committee (FOMC) held one of their scheduled meetings and yesterday their minutes were finally released. In a typical fashion, such news always has an implication on the market. So what do we do now? Typically, directly after their meeting, I expect the market to experience back-and-forth … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Historically speaking, the summer months are normally where people take time off to be with their families and the market slows. While I highly recommend you get out there and enjoy the weather with your loved ones (I sure am!) this is also a good time to refocus your trading style. Below … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, One of the reasons I fell in love with options was because, unlike stocks, you can use leverage and risk less money for a larger payout. However, when buying options there is always a chance you will be assigned. While this rarely happens to me, I was recently assigned Campbell’s Soup (CPB) … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Technology is a huge part of our everyday lives and has perhaps become even more important to us this last year when many people had to make changes due to Covid-19. More people are working from home, playing video games, and shopping online than perhaps ever before. But how are these exchanges … Read more