Category Archives: Newsletter
Karson Keith’s Options Insight:
Facebook’s Failure Continued…
TEI readers know from my previous writings that I do not have an optimistic outlook on Facebook’s near-term future. When I first wrote about my gloomy outlook FB was bouncing around the mid 20’s and shortly thereafter the low 20’—now the stock is at 18. Obviously it has not been pretty for Facebook since the […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q. Where can I find a list of stocks that have weekly options? A. Check here for the list: http://www.cboe.com/micro/weeklys/availableweeklys.aspx or visit CBOE Web site to learn more: (www.cboe.com -> Products -> Weeklys -> Available Weeklys) Q. The Weekly Windfall Quick Start Guide refers to “Ideal Setup” and “Sunrise/Demise”. What are the definitions for these […]
Coaches Corner:
Trading with Favorable Probabilities
Welcome to the coaches corner. I’m Beau Keenan, a long time coach for the Pirate. One thing that appealed to me when teaming up with Preston was his emphasis on trading with favorable probabilities. I want to convey some of the important principles of probability in this article. Mike and Jon did a good job […]
Karson Keith’s Options Insights:
Disliking Facebook (FB)
Everybody knows that the IPO of Facebook was an absolute catastrophe, but few really understand where the company stands now. Facebook just reported their first earnings and the stock dropped down to an all time low near $23. Analysts will say it is because they didn’t post any guidance, but I have another opinion. The […]
Trader’s Talk:
TEI’s Louis Horkan Interviews Mike Curtis
In this month’s Traders Talk, we’re chatting with Mike Curtis, an experienced trader and one of Preston’s most experienced coaches. Mike’s been an active trader in the derivatives markets for eight years, trading options, futures and foreign currencies. He shares his take on the “The 1% Solution” and some insight from personal experiences in the […]
Musings from the Editor:
Chasing the Fears
Having spent the better part of my adult life (we’re talking chronological years—certainly not any semblance of maturity) in and focused on the markets, I’ve managed to pick up a bit of insight here and there. I’ve seen all kinds of markets, witnessed a fair amount of manipulation, tested strategies and indicators from A to […]
Coaches Corner:
Trading Success Comes with a Plan
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 […]
Karson Keith’s Options Insight:
Long Butterfly Delivers in Tough Market
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 […]
Monster’s Perspective:
How Mark Cuban Saved His Fortune
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 […]
Musings from the Editor:
Buy and Hold—Not so Much…
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 […]