The Iron Condor is an options trading strategy that relies on low volatility to create a non-directional position with limited risk and limited profits. Establishing an Iron Condor An options trader establishes an Iron Condor position by selling an out of the money put option, buying an out of the money put option with an […]
In my last post we discussed turning our day trading desktops into cryptocurrency mining machines. Today I want to discuss something that is probably on everyone’s mind. Is it worth it? Is mining still profitable? I will admit we have seen some serious pull back over the last couple of days, but does that […]
What’s up everyone? All right, finishing the morning here up $14,826. This has been an awesome week. Plus the 9,000 on Monday and the 600 yesterday, I’m looking at $25,000 or profit on the week, and just like that I’m up 44,000 on the month, 150,000 on the year, and up 482,000 in my account […]
The Greeks are a set of statistical measures used in options trading that are each represented by a letter from the Greek alphabet. Since options are priced based on the projected potential future price action of the underlying security, these statistical measures are essential to understanding the price of options. While many options traders use […]
Compound interest is the additional interest payment that is accrued based on the addition of past interest payments onto the original principal amount. Compound interest is considered to be one of the most important features of finance, as even small initial principal amounts can grow exponentially over many compounding periods. Similarly, the contrast between a […]
What’s up everyone? All right, so finishing the morning here up $659. Now, today was an interesting day, because I traded in my main account and in my IRA account again. In my IRA, account I made $2500 of profit, and in my main account I lost $1800, so the net between the two $659 […]
What’s up, everyone? All right. So Monday morning. I thought this was going to be a really slow day. The watch list wasn’t that interesting, and I said, “Listen, guys, this might be a day where we might just have to be content with sitting on our hands and waiting for better opportunities to […]
What’s up everyone? All right, so here we are finishing the 47th day of the year? Yeah, 47th day, up $5,233. Now, today is the best day so far of the month, which is awesome. Yesterday I went out and did something a little crazy, I bought a red sweatshirt. Now, you guys know that […]
What’s up, everyone? All right, so finishing the morning here up $2435. Another great day of trading. My red shirt, actually, where is it? Seems to be bringing me some good luck. Two really good days in a row, up 12,000 on the week, over 20,000 on the month. $127,000 on the year, and up […]
Churning is a regulatory term that describes excessive trading by a broker for a client account that is unnecessary for meeting the client’s investment goals. Brokers accused of churning are assumed to be conducting excessive trading with a client’s account to produce unnecessary commissions. Churning is illegal and the SEC will prosecute suspected cases of […]
