Build a Better Options Trading Plan

Andrew FaldeOptions Education

The exercise of building an options trading plan is a very unique breed of business planning. We’ve found over the years that many options traders have career backgrounds as professionals or business owners. Traders with backgrounds like these often bring some of their old business planning tactics into their options trading plan. There are pros and cons to this. Pros … Read More

Plan the Trade. Trade the Plan.

smbcapitalFree Daily Trading Video

In this video, we discuss the merits of following your trading plan. Many options traders are good at designing strategies but most are challenged by actually following the details of the strategies under the pressures of market movement.

Building a Once Per Month Trade Plan

smbcapitalFree Daily Trading VideoLeave a Comment

In our SMBU Daily Video, Andrew shows you how a simple, once per month, trade plan on the SPX could have generated a 43% annual return over the past 8 years (when the market averaged less than 5%) Andrew discusses the importance of finding the key (and simple) elements that provide edge. He shows you how to systematically eliminate the complexity that may … Read More

The Importance of a Well-Thought-Out Trade Plan

John LockeGuest Blog, Options Education, SMB Options, Trader Development, Trading Lesson, Trading Psychology1 Comment

Have you watched “Star Trek: The Next Generation”? One of my favorite episodes is when the Enterprise gets into a battle with The Borg. The USS Enterprise is getting hammered. Fires are breaking out, sparks are flying everywhere and people are running around screaming. Then there’s the Captain Picard, sitting in the Captains chair, confidently doing the tasks that will … Read More