Should You Trade the First 30 Minutes?
Some traders say that trading the open provides some of the best opportunities each day. Others are of the opinion that “the first 30 minutes is for fools — fools that want to be separated from their money.” So which is it? More importantly, which is it FOR YOU? All this noise about “the open” can breed confusion and fear. … Read More
Snapchat- When to add size
Traders often want to trade bigger. Today SNAP offered an example to me of when and how. I was short Shapchat ($SNAP) intraday and scrolling through the SNAP positions of our other traders on the desk. I felt like I was not big enough in my short. I started to think where I could add to my winning position. First, … Read More
Live Trader Mentoring Session with Bella
Attend a live web meeting where Mike Bellafiore will help an improving trader from our community decide where to focus to get to the next level in his trading.
Dumping Losing Trades
In this video, Seth Freudberg gives a recent example of just such a situation in the July and August Bearish Butterfly trades. Often times, in options trading, the conditions that will cause one trade to lose are the exact conditions that will allow another trade to win.
Controlling the implications of a downside move
This video covers a technique for cutting a position’s exposure to increased options volatility under these circumstances. Options trading in a low volatility environment is not without danger. If the market sells off, options volatility will increase causing a larger than normal drawdown on positions opened in a low volatility period.