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 […]
All of my trades start with a trading plan. That means I know what conditions I need for entry and exit before I ever execute a trade. Some trading plans are more defined than others such as my condor trades and some might be based on crossing a particular moving average, stop loss or profit […]
Spreads are another favorite of mine. There are two types of spreads I trade using either Calls or Puts. They are Credit and Debit Spreads. A credit spread means that you receive money when you place the trade and hope that the position expires worthless. A debit spread means that you pay money when you […]
Primary site owner/personality: Meir Barak. Website: www.tradenet.com TradeNet is another of the ‘let me teach you to day trade’ sites. One thing I noticed about the TradeNet website is that it has a more professional set up. Although it does feel a little bit like a carnival sells site to me, which might push you […]
It is time to delve into one of the main strategies I trade. Those of you who are familiar with covered calls, please do not say “really, covered calls again!” because I do not trade typical covered calls. My portfolio is broken down into a number of different strategies that help to increase my returns […]
Iron condors are a favorite of mine. I typically only trade them on indexes such as RUT, SPX and NDX. I prefer SPX because I have found it trades more predictable to me. I seem to run into problems more often with RUT and NDX. That is not to say I do not trade them, […]
Most online brokerages offer virtual (paper) trading. I cannot begin to express to you the importance of virtual trading. It gives you an idea about how a new strategy will work and how the position looks on a day to day basis. There are a few things I need to warn you about however. First […]
This is probably the most important part of any trading strategy or account. Without proper money management you will find your account busted very quickly. Remember if I am right 60% of the time I have done well. That means I have to manage my account in a way that I can survive being wrong […]
