Category Archives: February 2013, Issue #2
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q: When you suggest placing a limit order so you get in at a good strike price on a butterfly, what is a good strike? I assume it means as close to the middle leg as possible. Am I correct? … Continue reading
Coaches Corner:
The Role of Virtual Trading
At this point in your trading career you are probably at one of three levels: beginner, intermediate or advanced. Whatever the level, you’ve probably dabbled in some form of virtual trading, commonly referred to as simulated trading, allowing you to … Continue reading
Musings from the Editor:
Then and Now…
One of life’s great ironies is the fact that we must often look back to move forward. No mystery there, as so doing provides us with perspective. Now that we’ve come through the opening month of the year and find … Continue reading
Karson’s Insight:
AAPL Short Butterfly
One of my favorite things to trade is pure statistical advantages. A trade I have been doing lately is exactly that. As we outlined in a recent seminar, AAPL moves $10 (two strike prices) every four hours on average. This … Continue reading
Monster’s Perspective:
Wall Street Bloodsport At Its Best
If you didn’t see the surprise heavyweight bout between Wall Street titans Carl Icahn and Bill Ackman recently on CNBC’s “Fast Money Halftime Report,” you missed one for the ages! As a former floor trader for 25 years on the … Continue reading
Traders Talk:
TEI’s Louis Horkan Interviews Jon Wirrick
In this month’s Traders Talk we’re chatting with Jon Wirrick, a highly experienced trader who caught the trading bug roughly 25 years ago trading penny stocks while still in high school. A decade later he found his way into the … Continue reading
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