Think like an institutional trader

We all cringe when our stops trip and we sell at a loss. Everyone hates a loser.  Then the market throws it in our face. They laugh at us by sending the stock soaring. I hate it when this happens to me.  For years, I watched this happen over and over — I nearly drove...

The 3 keys to successful reversal patterns

There are dozens of technical analysis indicators and so-called chart patterns that stocks make.  However, very few are near and dear to my heart.  I’ve made the reversal patterns my bread and butter.  Every night I dream about reversals… …when I’m at the...

SPY Options – Less Risk, Less Time, Bigger Rewards

How many trading styles have you tried? Five? Ten? We’ve all gone through at least a few. I started with penny stocks…oh man. I give mad props to Jeff Williams. Despite my best efforts, I couldn’t make it work for me. For years I searched and studied. After a lot of...

How to select the right options contract expiration

I’m just like you. Well, not exactly like you. But I’ve been there before. Show of hands, how many of us buy an option contract, have the stock do EXACTLY what we wanted, and still lose? Your school never taught you. Your grandparents never passed down the family...

How to Trade the SPY This Week

The market didn’t have enough mustard in the jar to close the week above the big $300 on the S&P 500. The SPY happens to be the easiest trading vehicle for the markets. By far the most popular ETF, everyone watches it like a hawk. My every waking thought centers...

My #1 Pattern For Timing Bearish Trades

I always say that one of the best things about options is the ability to profit no matter which way the market moves. Red or green — it doesn’t matter if you know what you’re doing and how to play both sides. But how do you get to that level? Well, for...