Trade Review: Buying SPY & IWM pull backs

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Technical Plays, Trading Lesson

Thursday March 10th was a day many traders had circled on their calendars. Often the greatest short term trading opportunities will occur on days where major economic news is announced. The monthly jobs number, quarterly GDP, FED rate decisions and ECB monetary policy fall into this category. Thursday the ECB was set to announce what steps it was planning to … Read More

One Mistake Your Broker is Glad You’re Making

Andrew FaldeSMB Options, Trading Ideas, Trading LessonLeave a Comment

A common mistake that new and developing traders make in the options market is to trade strategies that involve high commissions relative to the earning potential. We often see newer options traders applying great options strategies to the wrong instruments. Option trading strategies that involve frequent management to control risk can be commission intensive. This is especially true if you’re … Read More