Straddles & Strangles – Part 1

Straddles & Strangles – Part 1

Many traders use straddles and strangles in their options trading plan. This week's article is intended to be a synopsis of the straddle strategy, and potential uses a trader may consider. The strangle strategy will be covered next week. What is a Straddle? A straddle...
The Power of a Trading Group

The Power of a Trading Group

As a trader you most probably have had the opportunity to join or watch recorded trading group sessions. A trading group can range anywhere from two to as large a group as you feel will be of benefit to you and the group members. A trading group can consist of a...
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...
Interactive Brokers Order Management

Interactive Brokers Order Management

I've used Interactive Brokers for many years. I still prefer the Classic Trader Work Station (TWS) probably because I've used it for over 10 years. A friend of mine was telling me that he was making order entry mistakes of occasionally buying when he wanted to sell or...