As a trader, I'm acutely aware that my aggregate P&L for options expiration days is a net loss. It's not just the fact that I've always found it difficult to be consistently profitable on options expiration days that's bothered me.
Read more...
Although the major equity indexes are highly correlated, they tend to diverge in meaningful ways on a day-to-day basis. The same is true for the implied volatility indexes that track equities. It’s also common for equities and implied volatility to move inversely on a daily basis.
Read more...
It's important for traders to have the correct mindset. Too many feel they can afford to hold a profitable position that's become risky, because they have a profit and feel they're playing with someone else's money in New York.
Read more...
How do you determine position size? What can someone use to guide them to determine lot size, contracts traded, and so forth? Here is a guide and not a method for deciding exactly how many contracts to trade. Read on.
Read more...
Pricing schemes "the death of the price tag" -- where companies play games to get you to ultimately pay more than you originally were told. Here are some common snares that catch millions. Read on.
Read more...
What are we trying to get our arms around when we size up an investment? That, of course, depends on the kind of investor (e.g., passive or active, net worth, risk type, and tolerance), the general category of the investment (e.g., real estate, stocks, bonds, direct), and the time horizon and what you’re trying to accomplish (e.g., income, capital appreciation, liquidity concerns).
Read more...
America was a country based on a strong moral compass and a belief system. Today we see decay and people who have lost their faith in America as the place where possibilities abound and everyone can have the American dream if willing to work for it. Today many in pursuit of that dream are working three jobs with no benefits and are no longer getting by as they fall into the grips of the lending shylocks.
Read more...