How to Day Trade on FOMC Days: A Guide for Traders
By following this approach, you can effectively day trade options or futures on FOMC days and maximize your profit potential. Remember to stay disciplined, stay focused on your plan, and always watch price action.
How To Trade An Earnings Gap With Options
One of the most lucrative trading setups following earnings is something called the Earnings Gap. This is a strategy that everyone should have in their Trading Playbook. Depending on the quality of the setup, this is a trade that can make your week. We frequently trade the Earnings Gap for 100%, 200%, and 300% gain or more.
How Long Does it Take to Become a Consistently Profitable Trader?
Every trader needs to ask themselves if they are willing to commit a few years of their life to their trading development while knowing that the results during this period could be minimal. Progress takes time, and that is especially true when it comes to day trading.
9 Cognitive Biases That Screw Up Your Trading Decisions
9 Cognitive biases that every trader needs to be aware of.
Understanding Trader Psychology - 11 Things You Should Know
You can’t control the market but you can control how you react to it. Studying and understanding trading psychology allows you to analyze your own behavioral patterns and make the necessary improvements. A focus on trading psychology, your behavior, and emotion is the ultimate compliment to market research, technical analysis, and tape reading.
The Importance of Self-Awareness for Day Traders
In today’s society where the average attention span is rapidly decreasing, we easily lose the connection to ourselves. The term “self-awareness” has a spiritual feel to it and most people (particularly traders) are going to lose interest in the conversation the moment you bring it up. However, I have never interacted with a successful trader who is not highly self-aware.
Trade Recap - How We Profited While This Stock Broke Down
By utilizing the recent negative catalyst paired with technical analysis, we were able to profit on this setup while the stock moved lower.
You Made A Huge Trading Mistake - Now What?
Trader’s make mistakes, and it will happen again. Moving past these mistakes can be challenging, particularly with the commitment bias working against us. How we handle ourselves in these moments is critical to our success as traders.
Bid Size and Ask Size on Option Contracts - How You Can Use It To Your Advantage
When bid size is radically different from the ask size, it can represent a supply and demand imbalance. Bid size and ask size can help traders gauge where to place orders and in turn, get quicker fills.
Max Pain & Option Pinning at an Option's Expiration
Market makers have an incentive to pin the stock price at a certain strike for maximum pain.
How to Find the Hottest Stocks to Trade Daily
It can be a challenge to scan for a proper trade, especially when trading options. This article will show you how to find the hottest stocks to trade daily!
Options Implied Move - What Is It?
During each earnings season, traders and investors often focus their attention on a crucial metric: the "options implied move" or "expected move" of a stock's earnings report (ER). This metric is vital for making informed decisions in the world of trading. In this article, we will delve into the concept of the options implied move, explaining how it's calculated and why it matters.
Trading Options Over Earnings: How to Mitigate Your Risk & Secure Profit
Have you ever wondered if there is a more concrete way to play stock earnings reports with options? Directional trades over earnings are gambling no matter how you look at it. Let us teach you a better method.
Trade Plan: The Underrated Tool Most Traders Ignore
What is the one thing that most day traders totally forget when the approach their trades? Using this will totally change how you trade and how you view the markets. Having a trade plan is an essential key to maintaining your discipline and keeping emotion out of trading!
A Day-Trader’s Focus
In addition to the consistent list of inquiries relating to peripheral elements of my trading process and setup, like my watchlist or computer workstation, it’s not uncommon for beginning traders to express curiosity relating to a professional day trader’s daily routine—which you can read about in an upcoming article—along with the mindset that is used to approach each new day on the market. Today, we’ll be discussing the latter.
The Importance of Properly Creating a Watchlist
How you can create a specialized options trading watchlist - and why you need to!
Options Flow Data: What It Is, & Why You Need it
The information that every options trader needs. This knowledge will boost your profitability on the market.Â
The Best Stock Trading Indicators
What are some of the best indicators for watching stocks? I go over some of my favorites in this post, which is a chapter directly from The Options Trader’s Bible.