On the Go – Tips and Tricks to Manage Your Positions while Away from the Computer

On the Go – Tips and Tricks to Manage Your Positions while Away from the Computer

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...
Why is Discipline Important to a Trader?

Why is Discipline Important to a Trader?

What is discipline? Discipline can be defined as an activity, exercise, or regimen that develops or improves a skill. Discipline is a form of training. I am sure I am not the only trader that has found it challenging to keep discipline at the forefront of my mind at...
The Reverse Harvey

The Reverse Harvey

Dan Harvey is a well known options trader who specialized in Iron Condor trading for many years. Dan had an article published about him in SFO magazine in 2008. Over time, Dan noticed several problems with Iron Condors so he modified them to address their...
What is a Standard Deviation and What Does it Mean for Options Traders?

What is a Standard Deviation and What Does it Mean for Options Traders?

The standard deviation of a particular stock or index will inform you about the possible movement over a period of time, based on probabilities. Key factors of standard deviation The higher the volatility, the bigger the standard deviation. The further out in time the...
Managing a Multi-Tranche Weirdor Webinar

Managing a Multi-Tranche Weirdor Webinar

Amy Meissner's popular Weirdor Trade Alert Service has garnered a devoted following. Amy's 25-month average monthly return is 3.33%. After sharing in her successes with the standard Single Tranche trade, many have asked about how to trade a larger account and handle a...