Category Archives: March 2013, Issue #3
Ask the Crew
Q: My brokerage can do spreads and straddles but I don’t see where they can do butterflies… is that a problem? Can I still set them up manually? A: You won’t need to access margin for the option trades but you will use what’s called maintenance requirements, which can be done in any qualified retirement […]
Loaded for Bear
Hi traders, trading fans and aspiring traders. Welcome back to another edition of Coaches Corner. For this month’s edition, I wanted to address a common question. It’s a question I recently received from some clients of mine. They asked, ‘What advice do you have for the turn in the market? We were doing well with […]
An Eye for Gold…
Well, we finally did it. Here we sit at and near record levels for the broad indices. On cue, every talking head and everyday Joe is offering barroom-type prognostications on whether the markets are headed higher or about to drop like flies at a Raid factory. Not surprisingly, much of the talk and comparisons are […]
Who’s Afraid of Sequester?
As I’ve stated for weeks, I believe we will indeed hit the draconian automatic-federal budget-cuts that are set to take place on Friday, March 1, 2013. I thought rather than buying into the hype, we should examine the facts. First and foremost among those facts, which like gravity are indisputable, is that after the sequester […]
Trading Volatility Spikes
The VIX recently sprung to life briefly and almost as quickly died back down. The question is how do you trade the rise and fall of volatility? It is very difficult to trade the VIX itself simply because the options have European expiration, so even if the option ends up $20 in the money, it […]
TEI’s Louis Horkan Interviews Preston “Pirate” James
In this month’s Traders Talk we’re chatting with the Pirate himself, Preston James, the founder and chief honcho at Traders Edge. Certainly no need for introductions. Fact is each of us is here because of Preston’s passion…for trading, the markets, teaching and life in general. He infects you with that passion and his enthusiasm leaves […]