The world of options is divided into two categories or styles. So what are the two styles? Well the two are American style and European style options. Both types tend to have a lot in common, however, there are some distinct differences as well. This post will help explain what they even are, their similarities, … Read more
Patience is a virtue lost on the young trader at times. The market is all about watching and waiting. If you find yourself on the short-end of the stick, or you’re just wondering how someone like John Carter made a million dollars in one day — read on and learn. John’s one million dollar Tesla … Read more
Allison is a more conservative-style trader, who likes to focus on growing small accounts by recycling the Risk Capital. Allison enjoys both intraday style trading (without the Risk of Day Trading) as well as longer term swing trades. Allison believes that no matter what kind of market we’re seeing, there is a strategy that can … Read more
With the stock market at all-time highs, you’d think the mutual fund industry would be enjoying a boom. Instead, active traders and investors poured a record $300 billion into ETFs in 2017. An ETF, or exchange traded fund, is a marketable security that tracks an index, commodity, bond, or a basket of assets like an … Read more
Who is Bruce? Type of Trader: Methodical for Steady Income, defined risk every step of the way and profit target oriented. Bruce is a conservative steady income generator who prides himself on his ability to understand the necessary adjustments to be made in any market conditions and his knowledge of and management skills with the … Read more
Dr. Van Tharp is known for breaking down the trading process into three categories that affect traders. He categorizes them by importance as follows: Trading strategy (10%) Money management (30%) Psychology (60%) According to Dr. Tharp, the psychological outlook and an individual’s way of thinking towards trading is the most important factor for success. The fact … Read more