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Posted by Martin January 02, 2017

How I trade strangles

In my previous post I wrote about predicting the market or stock moves and that I do not do it and why. Yet people keep asking me how do I select stocks to trade and how do I trade them when I do not predict their moves and do not study them. I understand their Continue reading →

Posted by Martin December 30, 2016

Predicting the next stock move is just deceiving yourself

People keep asking me questions how do I choose stocks for options trading or what is my expectation, why I chose to trade one stock over the other, what if the stock fails, and what was my rationale behind a trade. When they ask me for a trade reason, I usually tell them that I Continue reading →

Posted by Martin December 26, 2016

DIVIDEND CAPTURE – TRIPLE PLAY (ETE)

I am placing a new trade order for the next few weeks using a strategy called dividend capture – triple play with Energy Transfer Equity, L.P. (ETE) underlying. Normally, this strategy is a buy-write strategy where you buy 100 shares of the underlying stock a few days before the stock goes ex-dividend and sell a Continue reading →

Posted by Guest November 13, 2016

Here’s Why Most Traders Lose Money

It is a well known fact that most investors lose money in the stock market. The numbers vary from 80% to 95%, but the fact remains. There are many reasons why people lose in the stock market. But the main reason is related to human emotions.    · Role of Psychology in trading   Dr. Van Continue reading →

Posted by Martin October 30, 2016

GME – fixing a deep in the money put trade

Recently, in our trading group on Facebook, a trader asked a question:   “Whats your suggestion to manage my GME Short 3 Jan20 31 put @5.65. GME Trading now @23.8”   I posted my answer to that question but then realized that my answer was just a part of the overall fix of this trade. Continue reading →

Posted by Martin July 29, 2016

$WYNN beat estimates yet gave me a headache

Today, I feel bitter about my WYNN trade. Last week I decided to take a few trades against WYNN and stretch my account a bit because I was confident that I would be out of those trades before earnings. It was a great opportunity trade! Brokers were listing that WYNN was going to report earnings Continue reading →

Selling naked puts and calls – managing an ugly trade into a winner

This is a chart a user named KubaW created and posted on StockTwits. I asked him based on what he believed that what he drew would rally happen and that his drawing was just a coloring book for kids and had no predictive value. My comment sparked rage from him and his ass-lickers who typically Continue reading →

Posted by Martin July 06, 2016

TRADING RULES – RULE #2 – Trade often

Trade often means that you are trading as often as possible. You want to be soaked into the market and feel its pulse. You want to be always focused. But how do you do that to trade often and not to break the rule #1 “Stay small? This can be a tricky part. First you Continue reading →

Posted by Martin July 04, 2016

TRADING RULES – RULE #1 – Stay small

It is easy said than done. What is it “stay small”? Stay small refers to opening only as many trades and as big so you stay comfortable with it even when the trade turns against you. You may say that it is obvious but it can be very tempting to break this rule. Let’s say Continue reading →

Posted by Guest June 17, 2016

How To Start An Online Trading Business?

It is an appealing idea for many people to start with online trading. You are your own boss, set your own schedule and work from the convenience of home with unlimited income potential. Adding to the advantages anyone with a laptop and working internet connection can give it a try by just opening an easy Continue reading →