No relevant positions Risk disclaimer John Locke
How to Custom Design Monthly Options Trading Plans
Why You Need to Learn How to Adjust Your Plan “Jeet Kune Do is simple, but you need to know when to use a certain movement.” -Bruce Lee Most trading frustrations come from allocating capital at the wrong moment. Learning when to avoid a strategy and, why you should, will eliminate costly inexperience. Strategies live in a vacuum but the … Read More
Becoming a Confident Trader: It’s Not What You Think
As a trading psychology coach, one of the more common questions that come up is “How can I be a more confident trader?” This is an extremely important subject because having the correct confidence level is essential to being a good trader. Lack of confidence creates stress and poor trading decisions which lead to unneeded losses. Let’s take a look … Read More
Why Options Traders May Have the Better Mindset
After fifteen years trading equities the insight hit me like a sledgehammer… A casual conversation with John Locke turned into one of those movie scenes where the actor wakes up from a deep sleep with a new mission. In my case it was a new thought process of how traders actually earn money. Now keep in mind here I am … Read More
Options Trading for Income with John Locke for May 19, 2014
No relevant positions Risk Disclaimer
How to Adjust Options Positions for High Yield
Many traders learn the M3 and fall in love with it. They love the high win rate, mild draw downs and ease of management when properly traded. After all the M3 Trading System was designed to minimize your risk while you learn to trade. Essentially the M3 allows you to earn while you learn with low risk positions. It … Read More
How to Overcome Limitations of Common Options Trading Income Strategies
Why Smart Options Traders Match the Strategy to the Conditions Are you frustrated with the lack luster returns and poor performance of most so called “income trades?” Directional and trend following traders tend to take repeated losses in sideways markets. Most common strategies such as buying stock, covered calls, naked puts and bull verticals and collars do very poorly in … Read More
The Secret Key to Your Trading Success
For those of you who knew me early on in my trading career, you’ll remember that I’ve had some great failures. I’ve made mistakes, had repeated losses and have felt like I was never going to make it at times. Luckily for me I had already secret knowledge required to become a great trader and once I discovered I already … Read More