Market Stats: Big Picture: Just a quick reminder that I’ve been uploading a daily video to the Live Trade Page that covers technical analysis and walks through a sample CIB trade. The video on Friday also showed a couple of BWB’s I’ve been testing out (starts around 11 minutes in), click here to head over and […]
Market Stats: Big Picture: Recognizing our biases in the context of what’s playing out is essential for long term success in the markets. For example, I recognize that I almost always believe stocks should decline. At the same time, I understand that historically they’ve moved higher. The entire investment industry is built on the notion that […]
Overview: Frustration is a common feeling to experience in trading. Shorter term traders can experience it on an intraday basis and for slightly longer term traders it can take days or weeks to play out. This year the S&P 500 fell around 11% and has nearly recovered that move in the past few weeks. Feelings […]
Overview: I’m away from home this week so today we’ll go with the short form weekend commentary with charts and some brief comments. The full commentary will be back next weekend. The relentless rally in RUT caused us to close the April trade this week at around the max loss. Even though we don’t like taking […]
Big Picture: Quick reminder . . . I’ve been uploading video every day to the Live Trade Page that covers technical analysis for the Russell 2000 and the March CIB options trade. This has been a challenging cycle and there is a lot to learn about adjustments and managing the position in those videos. Check […]
The first two months of 2016 have been challenging for many non-directional options traders. In January the markets steadily sold off while this February we’ve seen large percentage moves both higher and lower. When the market makes big moves it’s easy to get caught up in our emotions and say things like the market has gone “too […]