by Joanna White | Dec 24, 2015 | General
Albert Einstein called compound interest “the greatest mathematical discovery of all time.” “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” Albert Einstein As we...
by Joanna White | Dec 22, 2015 | General, Trading
“What makes trading so fascinating and, at the same time, difficult to learn is that you really don't need lots of skills; you just need a winning attitude.” Mark Douglas Winners are aware of an inner state which wants to expand. This inner state has an...
by Joanna White | Dec 19, 2015 | General, Trading
Prepare yourself. At some point in your trading career, it's going to happen. You're going to make a mistake when placing an order. You're going to place an order to buy a spread when you intended to sell one, or vice versa. You may buy ten butterflies when you meant...
by Joanna White | Dec 2, 2015 | General, Options trading, Trading
When you determine the difference between a stock's implied volatility and its current IV percentile, you could have an edge in your trading. This could help you become a more consistently profitable trader. “If you want to have a better performance than the...
by Joanna White | Nov 27, 2015 | General, Options trading, Trading
It happens to every trader at some point. You have a live position on, and something takes you away from your office computer during market hours. You as a trader should have a back-up plan for those days. Here are the steps I take: I use contingent orders when I know...