How Put Insurance Can Benefit Your Portfolio

How Put Insurance Can Benefit Your Portfolio

You insure your house. You insure your car. Do you insure your portfolio and/or your positions? There are many differences of opinion among traders as to the benefit of insurance on your positions, or your overall portfolio. This article will touch on some of the...
Backtesting –  Is it Worth Your Time?

Backtesting – Is it Worth Your Time?

Some traders are of the mindset of “what good is backtesting if it doesn't always replicate real-life trading?” It's true that backtesting isn't the same as live trading.  It doesn't recreate all the emotions and the market conditions such as low-volume...
Have You Ever Been Tempted to Adjust Before Your Plan Dictates?

Have You Ever Been Tempted to Adjust Before Your Plan Dictates?

Most traders have been guilty of over-adjusting a position at one time or another. There are many reasons we have fallen prey to making premature adjustments outside our trade plans. This article will touch on some of the reasons a trader pulls the trigger before the...
What Do You Do When Fear Takes Over?

What Do You Do When Fear Takes Over?

When faced with danger, fear is a normal emotional response. When fear is present, it is normal human behavior to be primed for flight or fight: running away from the source of the danger, or stand up to it and face it. Sometimes, however, the dangers we face are not...
Stay or Go – When is it time to exit rather than adjust a trade?

Stay or Go – When is it time to exit rather than adjust a trade?

You've followed all the proper guidelines before pulling the trigger on a particular trade. You've watched carefully for signals that have worked for you in previous trades. You've waited for the price and volatilities to come to you. You've waited for the right...