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?
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
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...
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...