Chis Brecher

About Chris Brecher

Chris Brecher grew up in Jacksonville, Florida. Though he went to college for Paleontology and Marketing, he settled for being a Stock Broker. In watching the brokers in his office lose every time by taking shots in options, Chris wanted to find out who was making money on the other side.

He found the answer at the Chicago Board Options Exchange and moved to Chicago with very little money, to be a clerk on the floor. After learning the option trade for a year, he became a Discount Stock Broker that had the incentive of commission-free trading. There, Brecher honed his craft. His parents sent him $200 dollars and he parlayed that money into $23,000 in 2 years!

Figuring he was ready for the floor, he leased a seat, and started trading in the IBM pit, subsequently buying a full CBOE seat within a year. After 8 successful years on the floor, Brecher realized that electronic trading was making more money than floor trading, and left the floor to work for a NYC day trading firm. While opening 4 offices for them in Atlanta, and successfully training countless traders, Brecher managed to be in the top 5 out of 800 traders for all 9 years he was with the firm. After the firm was taken over he decided to trade from home, which he has done since 2003.

Trade Experience: 33 Years Professional and Retail Trade

Specialties: Day Trading Options, Stocks, Futures – Technical Analysis, Tape Reading, Analyzing Market Moving Events

  • Simpler Sentiment - Weekly Wrap Up 10/21/16

    Simpler Sentiment - Weekly Wrap Up 10/21/16

    The VIX has fallen considerably on the week, pushing down from a high around 17 on Monday to 13.33 now, its lowest in two weeks. The VXST, the 9 day Voalitlity Index, is all the way down at 10.65, on pace for its lowest since September 7. The VIX closely follows the actual volatility of the SPX, which is down below 9 percent.
  • Lessons From The Day After the Crash of 87

    Lessons From The Day After the Crash of 87

    So the story goes, my good friend Rick C. a cash bond trader in New York calls me the night of October 19th and tells me to get to work early Tuesday morning. They sold stocks and bought bonds in the final hour of trade. The bond futures will be locked limit in Chicago and all the shorts will have to come to LIFFE to get out.
  • The Role Of Psychology In Trading

    The Role Of Psychology In Trading

    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 that the actual trading strategy is ranked the least important by Dr. Tharp, suggests that regardless of how successful a strategy is, psychology is the key to being successful.