How To Beat The Algos At Their Own Game

It’s a war out there, traders. Each day it’s a battle as we gear up and prepare for the onslaught at the market bell. It takes the unsuspecting trader by surprise, causing them to get stuck in a market whip-saw that was brought on by the algos. But it doesn’t have to...

How I Use The RSI To Time Reversals

There is never a shortage of twists-and-turns in the markets. Almost every day there is something else that causes us to suddenly drop or launch higher. Up or down, chances are trading off price action alone— is not enough to signal when the market is going to make...

It Only Takes One Good Trade

Despite the worst jobless claims report in history, the market went on to have the best 3-day run since the Great Depression. But what now? Stocks went from severely oversold to now being overbought? The beauty behind my strategy is that I don’t have to guess where...

How Implied Volatility Impacts Your Option Trades

The Dow got absolutely crushed yesterday, and based on how the futures were reacting this morning…it appears that isn’t a one-off.  That said, whenever the market sells off as hard as it did, we know one thing—implied volatility in options explodes. That means options...

The Art of Stop Losses

Stops can be used to cut losses or secure profits. Some traders will actually put a stop order in… while others will use a “mental stop”. A stop order basically gets you out of the stock when it hits a specific price.  A “mental stop” is just a level you wish to get...