It began with the advances of downloadable trading software and the retail automated trading algorithms back in 2008. Back in those days, web sites popped up that offered programs or “Expert Advisors” that promised to print you money while you slept. What a great idea: You never have to learn anything, just buy the program for $100 – $500, set … Read More
Trader Disney Land
Hey Mike, I recently blew my profits gain from the past 3 months in one stubborn trade. And not I dare not go in again as I fear I could be wrong again and lost money. My system was right but my emotions was burnt. This is not the first time I lost a trade but somehow I couldn’t pick … Read More
Taking Your Credit Early
This post is another in a series that we will be publishing which track the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. I promised to follow up to my earlier post tracking a hypothetical SPX weekly broken wing butterfly, so here it goes. Using the options that expire tomorrow the butterfly is long the 1380 … Read More