There Is No Such Thing As Perfection If you’ve read some of my blog posts, you already know that approaching failure is something that’s really important to me. Ultimate success has nothing to do with perfection. In fact, there is no such thing as perfection. Unless you have a time machine, there is no […]
Day 69 of the $583 Challenge -$7k We’re going to do a little mid-day market recap, go over the trades from today. This is day 69 of the 100K challenge, or the $583 challenge. It’s not a good day. This is actually one of the worst days I’ve had of the year and it’s […]
Day 68 of the $583 Challenge All right guys, let’s start our midday market recap. The battle with my headset continues today, which is why we’re starting a little bit late. In any case, we’ll go over trades from today. Today was a surprisingly great day, $3,192.48. You know, I wasn’t expecting to have […]
Day 67 of the $583 Challenge +$2,547.44 Alright guys, so time for a midday market recap. We’re going to go over trades from this morning. Over all not a bad way to start the week. Finishing the day up $2,547.44, which makes this my sixth consecutive green day. Today is day 40, sorry, day 67 […]
Being a Rollercoaster Trader – Behind the Trades | Ep. #6 Alright guys, so, time for episode six of Behind the Trades. I know you guys have been eagerly awaiting this episode. We’re going to jump in here, and the topic of the day today is being a roller coaster trader. Now, this is going […]
A credit spread involves simultaneously selling and purchasing an option on the same underlined futures contract but at different strike prices. The option that you sell is going to be at a higher level or closer to money than the option you purchase, resulting in a net credit for the trade. Options that are closer […]
Day 65 of the $583 Challenge +$745.58 All right guys. Time for our midday market recap. Today is day 65 of the $583 challenge, and my account is just under $115,000 here in 65 days of trading. So not bad. I hit 100K in 44 days, and the last 20 days have been challenging in […]
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people […]
There comes a point in every successful trader’s career when they graduate into margin trading. Once you have a solid foundation of knowledge and experience in trading your preferred asset classes, you will start developing the confidence to make strong predictions about upcoming price movements. With this growing confidence comes the awareness that you could […]
If the idea of investing your hard-earned dollars into potentially risky, but then again, potentially profitable investment options, there may be a solution that will help to put your mind at ease. A commonly used risk-management strategy for investors who are a little unsure about whether or not their investment will definitely be a profitable […]
