Overview: One of the biggest challenges in trading is knowing how big to trade or how to size positions. If you knew with 100% certainty that your next trade would be a winner, you could theoretically go full tilt boogie with leverage and have a big payday. The reality of trading is that we don’t […]
The General Idea: Better, faster, stronger? My initial thoughts about combining Trend Following and Options trading came about a few years ago after the 2008 crash. At the time, I was trading Iron Condors on SPY and IWM and trying to figure out why it was so hard. Apparently, when you trade a delta neutral […]
Overview: Well, it’s the Tuesday before Thanksgiving and the markets are pretty quiet. This is a video recap of the open positions at Theta Trend as we go into the holiday weekend. If you just watch the video and don’t read anything else on this page, you should still probably check out the Donchian Trade […]
What you’ll find below: I’ve had a few emails asking me about the Donchian Channel Breakout Thinkscript strategy I use in Thinkorswim. Specifically, people have been asking for the code so I thought I’d pass it along with a little caveat. I wrote the Thinkscript Strategies below for the entry and exit, but I found […]
Trade Alert: This morning I woke up to an email from the friendly folks at ThinkOrSwim telling me that I was filled on a USD/JPY (Yen) trade while I was asleep. Because Forex is a 24 hour market, I leave good till cancelled orders in for my positions when currency pairs are near the Donchian […]
Ranking Recap: We’re about 2/3 of the way through November and it seems like a good time to check in on the rankings for the Top Performing ETF’s Monthly Rotation System. On November 1st I initiated a position in FAN (First Trust Global Wind Energy ETF), the then #2 ranking ETF and the only ETF in […]