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 […]
Day 64 of the $583 Challenge +$1,231.70 All right, guys. We’re going start our midday market recap here. We’ll go over the trades from this morning. Overall, another kind of slow day for me, only $1,200 profit. Actually, $20, just $20. I guess it’s lower than yesterday. I think yesterday I was at 1,250 […]
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 […]
Keep On Learning Ever since I began serving this community as a junior moderator, I’ve always felt grateful about the privilege I’ve been given to support highly motivated traders on their own path to success. Very recently, I’ve also decided to support the WarriorPro students into the deeply updated day trading course which is […]
Day 63 of the $583 Challenge +$1,250.82 What’s up guys? All right, so time for a midday market recap. We’ll go over the trades from today. Overall, not a bad day. A little over $1,200.00 bucks, $1,250.82, so today I scaled it back a little bit after the really big green day yesterday. I just, […]
Reviewing 3-Years Worth of March Profits & Losses (P&L) as a Trader Hey all, John L10 here! Now that March is over with now, that closes up Q1 of 2017. I can imagine that there are many different types of people who might read this article. Some of you are just learning the basics of […]
Day 62 of the $583 Challenge +$6,417.92 All right guys, we’re going to do a little bit of an earlier Midday Market Recap here this morning. It’s about 11:15. Normally I go on right around lunch time, 12 noon, and do the Midday Market Recap. Today things have slowed down, just completely. We had some […]
