New Option Trader

This is so funny!  It’s a few videos strung together before the housing crisis hit (or any of the others crisis’) and ALL of the “experts” except one (Peter Schiff) are saying how there’s no problem, the economy is stronger than ever, subprime is a blip, yada, yada, yada…  I’ve always known that most analysts [...]

Options University is starting a new 6 month class about managing positions by rolling and morphing. I finally got around to watching the preview webinar and was REALLY impressed.  Great stuff especially for a free webinar with lots meaty material. Don’t know how long they’ll leave it up since the classes are starting soon so [...]

If you’re trading gold through GLD or maybe the spot market, or through mining stocks — you need to see this video: Gold Video

Two days later the blog is finally moved to WordPress.  A few details still to take care of but the heavy lifting is done. One thing that I couldn’t help is that the RSS feed changed, so if you’re using that you’ll need to resubscribe or update your link. The new link is:  http://www.newoptiontraderblog.com/feed

I’ve been looking into how the move to WordPress would be for several months and have put it off this long because it’s such a pain.  EVERYTHING is manual and you lose pagerank in the process!  I was hoping that something would change by the time I had to do it but no, it’s all [...]

Apologies for disappearing for the last several months.  Some pretty significant things have been happening since my last post and I’m not even talking about the credit crunch, debt collapse, and general market craziness. Got laid off in February (along with 1,000 other people at large internet search company..) Took a 2 month consulting job [...]

Hedge Reducing the risk of loss by taking a position through options or futures opposite to the current position they hold in the market.

should be a bull day — we’ll see..

Counter Intuition for the beginning trader: When a stock is hot, people want to buy and when it falls everyone thinks it’s done and want out.  But, with a good understanding of how to read a chart, it’s actually exactly the opposite: Oversold –>    buy Overbought –>    sell Riding the momentum of a [...]