Category

Options

oil

Oil's Tumble Means a Fast 30% Gain with This Trade

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

My wife and I were just at a children's birthday party. You know, the kind where everyone gets together to sing "Happy Birthday," and then the adults drift off into their own groups to chat.

Naturally, I fell in with a group of several wealth managers, and you'd better believe we started talking about the markets.

When the subject turned to oil shares, you could have heard a pin drop.

You see, some of those folks could be looking at a mighty lean year, depending on their oil exposure.

But as we know, there's an opportunity to make money as share prices fall. Today I want to show you how to book a quick and easy 30% gain on some very big, very liquid oil shares, even as the stock tumbles down.

It's the perfect energy play for markets like this...

Options Trading

Why Earnings Season Is the Most Wonderful Time of the Year for Traders Like Us

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

If you've traded for more than a few months, you've seen how earnings season can really move share prices – in both directions.

If you hold, say, a blue chip and it hits on earnings, you can book some nice single- or double-digit gains. Or, if there's a miss, you might take a loss.

In fact, earnings season trading is one of the most volatile strategies you can use. It's not for the faint-hearted.

But I'm going to show you a simple trade that you can use to leverage earnings news – good or bad – to make fast (and safe) triple-digit gains. And you can do it with some of the biggest, most liquid stocks on Wall Street.

Now is the perfect time to do it. My "money calendar" is flush with opportunities coming up this trading week ending July 24.

So, let's "scout" my earnings chart to see exactly where our next winning trade is...

Options Trading

Grab Triple-Digit Returns on the Euro's Freefall

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

I just came back from an Alaskan cruise where I paid up and bunked on the top floor.

For these "special" guests, they offered a private courtyard, private fitness center, private showers and steam rooms, 24-hour butler service – the works.

I was able to connect with several foreign business owners and chief executives, and even a fellow trader who happened to be aboard ship.

And it's in my new friends' biggest worry that our triple-digit profit opportunity lies...

Investing Tips

The Key Steps to Your First Options Trades

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

During the past month we've welcomed in thousands of new subscribers over at Power Profit Trades.

Many of you have started out with "paper trading" on my picks and are excited at the prospect of pocketing the gains in real time.

Taking advantage of technologies that veterans like me didn't have when we started trading is a great idea! I know it's not like real trading, but one of the things using a "virtual" account will do is help you get familiar with order placement through the platform you intend to use BEFORE you commit real money.

For those of you already on "live" platforms, congratulations! You're already enjoying gains.

Beginners are also working through the "how to get started" phase of investing in options. In fact, the most common question I get is "how do I open an account?"

For those of you not yet receiving Power Profit Trades, or for anyone who hasn't traded yet because of concerns over opening a live account, let me take the fear out of what is an easy process.

Just follow my lead…

Since moving to New York City back in the early 1990s, I've witnessed incredible changes in brokerage firms and the financial services industry.

Back then, it took weeks to get an account opened, most trades were done over the phone, and commissions were unbelievably high.

In the last 20 years, however, due to competition and technology, all three of these things have drastically improved for the retail trader. Competition has driven commission prices down to levels that are barely factored into risk and reward these days, and technology has allowed us to get instant quotes and fills in the blink of an eye.

For the new options trader, it all starts with opening your first options account. The good news is that opening up an options account online is quick and easy.

But before you get to that step, there are a few things you need to understand first...