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. Every now and then in trading, you hit a home run. You may not expect it and you certainly can’t count on it. But it definitely won’t happen unless you give yourself … Read More
Coming in to the final hour for the SPX ‘fly
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. There’s only a little more than an hour left in the trading day and the expiration of the SPX weekly options, but there’s still plenty of action left in the hypothetical broken … Read More
Losing Trades Are Good For Your Trading Plan?
One of the most overlooked opportunities in the speculative world of trading is the valuable information hidden within trading losses. Less experienced traders usually have a hate/hate relationship with losing trades and don’t want to spend much time thinking about them. We are conditioned to be winners! Losing trades are part of doing business, a necessary expense or as many … Read More
ESRX Crescendo
Sorry for the delay on this post. A few had asked about the message I shared on StockTwits Tuesday morning regarding ESRX putting in a bottom. Tuesday morning ESRX was on the top of our list of In Play stocks. Was gapping down and set up for a nice short right on the Open. Our “best case” scenario for downside … Read More
Post-Election Effects: Unraveling the Broken Wing Butterfly Strategy
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. For those that are watching this hypothetical SPX broken wing butterfly, you saw that even yesterday’s big sell off wasn’t enough to bring the trade even close to a loss exit. The … Read More
Free Options Webinar: Today at 5pm EST: Brian Shannon: Adjusting Options Positions Using Technical Analysis in Multiple Time Frames
Tuesday November 13, 2012 at 5:00 PM Eastern Daylight TimeSMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. … Read More
Mobile Trading: It’s Easy! (Start Running Now)
A forex broker actually sent me this message, I added the part in parenthesis. Now, after reading this statement, what comes to mind? Are you imagining pressing some buttons on your smart phone from the 18th hole (I’m writing like I know something about golf) and smiling because you just made a thousand? Sounds nice right? Many forex brokers today … Read More
Forex: Too Much Information
Ever been in one of those conversations with a friend who doesn’t know how to filter his story and includes the kind of detail about a hot date that you really didn’t need to know? We all have. Your friend just painted a visual picture of details that not only provides absolutely no value to you whatsoever, but can even … Read More