When it comes to trading, numerous strategies can be used with the aim of financial success. They (strategies) are designed to achieve profitable returns by either going long or short in the markets. For a strategy to be termed as good, it should be verifiable, consistent and objective. What is a straddle? This refers […]
The long straddle is a strategy for the trading of options where the trader purchases both a long put and a long call for the same security, strike price and expiration date. The strike prices are usually in the money or close to the current market price for the underlying asset. The long straddle is […]
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 […]
A Golden Cross is an indicator for bullish breakout patterns that are formed when an asset’s short-term moving average (STMA), such as the 50-day, crosses over its long-term moving average (LTMA), such as the 200-day. These crossings signify breaks above key levels of resistance. Since the LTMA indicator is more influential, golden crosses are […]
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 […]
Day 66 of the $583 Challenge +$3k All right guys, so time for our midday market recap. We’re gonna go over trades from today. Finishing the morning with $3,060. Not bad. Not a bad way to end the week at all, considering I ended last week with a $5,000 loss. I was already up just […]
MultiCharts Review | What You Need To Know As an award winning trading platform, MultiCharts upholds the best practices in the industry by offering users a freedom of choice. The name – MultiCharts – was selected to depict the freedom users like you will have and work with. Currently, traders in over 39 countries […]
The OTC markets, short for Over The Counter, allows for the trading of assets without the formal structure of an official exchange. This means that the trades are made in private between clients and dealers, or intra-dealer trades, without the price or terms of the trade being made public. This arrangement is in stark contrast […]
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 […]
