I do not recommend attempting to pick bottoms and tops. It can be a dangerous game.
Yes, when you occasionally get one right you can make a killing. But we also put ourselves at risk at getting killed. Especially fading short squeezes, and...
We had a delta-neutral options position on the books that we stopped out of this week. Thankfully, it was not a big loss. It felt like the right idea, but the wrong instrument.
So today's trade is a similar trade in a stock from the same sector...
Perhaps this is just my own personal Waterloo, but there seems to be history of market turbulence whenever I travel and am away from my main trading station.
Next week will be a travel week for me. I'll be attending Stocktoberfest in Coronado...
Last week, I wrote to you about how winning is hard -- because holding out for large wins is easily the hardest thing we attempt to do as traders. Sitting through pullbacks against the direction of our trade is so. damn. hard.
On today's Flow Show, Steve Strazza and I discussed the two different markets we are each experiencing. He's experiencing one of great breakouts and follow-through. I'm experiencing one of frustration.
As an owner of a gas-guzzling SUV, I don't like the prospect of higher oil prices.
Nobody enjoys paying more at the pump. It's an unavoidable tax and if it gets too high, it can be a real drag on people's finances, and can even spill over...
We've seen a bit of a rise in volatility this week, and while it is not something that should be ignored or scoffed at, I do think it offers us options traders an opportunity to position for some volatility mean-reversion, especially in some big-cap...
Today, I fielded a question from a trader who has a winning options trade on.
When he originally put the trade on, he didn't have a stop-out price in mind. It was a bit of an "all-or-nothing" trade. His risk is defined and he was...
"We should be doing more in China." ~ JC Parets during this morning's internal Analyst meeting.
This, coupled with my feeling that we need to be more aggressive in the stock market right now as the potential profits on the upside could be quite...
At Portfolio Accelerator today, Uber was a name that was getting everybody excited. It looks like it's setting up for another run to and through all-time highs.