It is ALMOST Time! Our newest book the new and updated, with all new trades Watch Me Trade 2 is at the editors! This is our second Trade Journal Book, this time we have a much more in depth focus on Iron Condors and Broken Wing Condors. Sorry, no pre-order. But It will be out […]
Look Back Trade. SPX – 08/28/18 – Iron Condor Once the above trade closed I immediately started looking for my next Condor in SPX. Once again I started with on side of the trade only. This time because SPX was spiking up I was able to get into the Call side of the trade first. […]
Relative Strength Index (RSI) The Relative Strength Index or RSI is a very popular technical indicator used by many traders. We like using RSI, not as much as MACD or more currently we have been using CCI a lot The idea behind the Relative Strength Index (RSI) is to give you an indication of the […]
MACD Divergence Strategy MACD (Moving Average Convergence Divergence) is a very popular trading indicator. It is in essence a trend following indicator that shows the relationship between two moving averages. The most used settings are the 12 period exponential moving average (EMA) and the 26 period EMA. The MACD value is calculated by subtracting the […]
In 2016 our overall success rate was 65.52% In 2017 our overall success rate was 66.67% In 2018 our overall success rate was 71.11% In 2019 our overall success rate was 62.61% In 2020 our overall success rate was 73.41% In 2021 our overall success rate was 69.77% In 2022 our overall success rate was […]
Do you know what Option Greeks are? Do not worry of you don’t most people either do not know what they are or think they are too difficult to understand to even try. Good news, they are not difficult at all. Further good news, the main one we use is Delta so you do not […]
What is the Best Type of Covered Call Trade? This is kind of a trick question because we believe the best type of Covered Call trade is not a Covered Call at all. We prefer to trade Diagonal Option positions instead of a traditional Covered Call. Let’s start with what is a Diagonal Call trade, […]
How to find the right Stock to Swing Trade MA CCI First of all, there are lots of different methods to finding a good stock to swing trade and from time to time we like to discuss various options. One our favorites is using two simple moving averages to determine a trend and the Commodity […]
52 Week High Trading Strategy Are you looking for a new ideas about finding a trade? There are a number of different strategies revolving around stocks reaching a 52 week high. Today we want to discuss one that is worth taking a look at. Keep in mind we are not saying this strategy will work […]
Why should you have to pay thousands of dollars to learn to trade when we will get you started for less than $10.00? Do you just like to waste your money? Do you think that the ‘Guru’ who is spending THOUSANDS of dollars to get you to purchase his service is really giving you your […]
