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, … Read more
Hey 5-Star Trader, In the world we live in today everyone is connected to technology in one way or another. Teachers have relied upon online learning throughout the pandemic, doctors use machinery to monitor their patients, and even you and I rely on technology to bring us together. But with technology ever expanding, how do … 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, 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, 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
Hey 5-Star Trader, Congratulations! We have officially made it through the “Sell in May and go away” but it doesn’t appear that we are out of the woods yet. Lately, I’ve seen the indexes are running out of a catalyst to move in either direction. As a result, we are seeing consolidation all over the … 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