Menu
Category Archives: Newsletter
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 […]
Posted in March 2013, Issue #3, Newsletter
Leave a comment
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 […]
Posted in March 2013, Issue #3, Newsletter
Leave a comment
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 […]
Posted in March 2013, Issue #3, Newsletter
Leave a comment
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 […]
Posted in March 2013, Issue #3, Newsletter
Leave a comment
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? A: You want a good fill price. I only do the trades when the stock […]
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 test strategies and track performance in a risk-free environment. There are certainly lots of opinions […]
Posted in February 2013, Issue #2, Newsletter
Leave a comment
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 ourselves perched just shy of record levels for the broad indices, it makes sense to […]
Posted in February 2013, Issue #2, Newsletter
Leave a comment
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 is a great piece of information that can be used to our advantage. Though several […]
Posted in February 2013, Issue #2, Newsletter
Leave a comment
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 CBOE, CME, and CBOT, I am used to seeing major players square off. (As they […]
Posted in February 2013, Issue #2, Newsletter
Leave a comment
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 realm of options and has been hooked ever since. His passion for trading is matched […]
Posted in February 2013, Issue #2, Newsletter
Leave a comment