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
How To Be More Consistent in Your Trading
How to Be More Consistent in Your Trading We all have things that we feel quite strongly about, for completely irrational reasons. Me? I can’t stand rollercoasters. While some people get a kick out of the adrenaline rush, I prefer steady and smooth riding. One thing’s for sure—I don’t want the huge swings and volatile ups and downs. With the … Read More
SMBU Trading Tip of the Week ($WWE)
In this SMBU Trading Tip of the Week, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about finding a signal to get bigger in $WWE. Highlights from this trade: 1) Your position size should increase as new data confirming your trade appears 2) Use VWAP to add size to your trade 3) Learn the signal that alerted Bella … 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
How to Successfully Trade Options Without Timing the Market
How to Replace Your Obsession with Timing the Market You see the enemy every time you look in the mirror. Your greatest attribute is also your greatest weakness. The desire to be right. The 2014 market conditions has led the mass of traders to quiet moments of desperation. A funeral march to the proverbial trader’s grave. All inflicted with the … Read More
Members Only Options Webinar: Exploring the Hindenburg Strategy with Doc Severson
Your Option for a better trading life……together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Doc … Read More
Why Blindly Following Your Options Trading Rules Eventually Leads to Failure
Trading rules are designed to help us make money and eventually become a better trader. Unfortunately market conditions change. The static examples you find in trading education don’t provide guidance to navigate new price action. This is where the rubber hits the road and where success or failure lives or dies. How do you adapt? What is your plan after the perfect … Read More
Options Trading for Income with John Locke for May 12, 2014
No relevant positions Risk disclaimer ALL of the May expiration sample TRADES on the website have been closed at a HEALTHY PROFIT. Be sure to watch this replay of Option Trading for Income Weekly Update for the RESULTS! John LockeBe sure to visit our trading blog: www.lockeinyoursuccess.com And check out this video: http://www.smbtraining.com/blog/yeste…