Bruce is a conservative income trader, who specializes in longer term options strategies that can make your money work for you over time without a ton of adjustments. This trading style guides him when he decides which strategies to use on the setups he finds. What kind of trader are you? Bruce typically uses the … Read more
You wouldn’t know it from looking over most investors’ portfolios, but when it comes to Nest Eggs, the top priority is safety. This lesson was drilled into me throughout my career as an institutional fund manager. As you can imagine, when you’re responsible for over $100 million in client funds, the pressure to generate strong … Read more
I wrote an article earlier about becoming a better trader, link here and want to go into a little more detail now that we have started a new trading year. In the first part of the article, I covered to importance of always knowing where your P/L (profit & loss) stood at any point and time. … Read more
As we approach the end of the year, all eyes are on the Dow reaching 20,000. Will we get there? When will it be? These are not the questions you should be asking yourself. Yes, we will get there and I think it will be by the end of the year, but that is not … Read more
We all like to trade around earnings because of the immediate reaction we get from an earnings release. This is a double edge sword as you can have a big win or a big loss with no time to respond. For those that do not regularly trade earnings, you may not be aware of the … Read more
Do you consider yourself an investor, a long-term trader, or do you consider yourself a day-trader, a swing trader, a scalper? Why do I ask and why does it matter? The reason is that as we all know, making a profit trading the market is not always easy. Making profits consistently over time is even … Read more
Do you want to take your trading to the next level? One element of success that many overlook is the trading platform. Because it is your gateway to the markets, it’s critical to know how to use it correctly, but top level traders will go beyond mere understanding and strive for mastery. They will get … Read more
We all know how rough trading the market has been since the first of the year. We started the year by rolling over 15% in the S&P and now have rallied back 15% just to end up basically at the same place we started on January 1st. That is a whole lot of movement and … Read more
If you have been following this series on Trades Gone Wild, we have been talking about the Uh Oh trade. This is the options trade that we all have at one time or another in which one day it is working well, and the next day it blows up on you. In parts 1 and 2, we talked about … Read more
In Part 1 of this series on “Trades Gone Wild” we discussed the “Uh Oh” options trade. For those that missed Part 1, we talked about the Uh Oh trade being the trade set up that looks perfect when you enter the trade and everything is going great… and then… “Uh Oh.” You have a quick, and … Read more