Category Archives: July 2012, Issue #2

Hey folks, my name is Jon Wirrick and I’m here to talk about one of the most overlooked, yet critical aspects when it comes to success in trading—having a solid business plan in place. You’ve surely heard the maxim “treat it like a business” when it comes to trading. What does that mean? Do you […]

With the VIX so low recently, it has become increasingly more difficult to make money from melting time decay. Investors are under-compensated for risk. The market has continued to be volatile while the VIX has spent most of its time hanging out in the high teens to low twenties. This is largely due to the […]

My friend Mark Cuban is known for many things, but not many people are familiar with his acumen in the markets. His best trade may have been one that saved him from losing his fortune. Long before he became owner of the Dallas Mavericks, Cuban used a collar trade to lock in profits from his […]

Death and taxes…two things assured in life, no doubt. Right up there would have to be…advice. Doesn’t matter the issue, you can count on receiving advice from some quarter (generally many, and often conflicting) as sure as you can trust the sun rising each morn. Now some advice is good—truthfully intended for our benefit and […]