Today I want to talk about another major mistake traders are making. Now to be fair... they're making it because they're simply misinformed.
But what they're misinformed about provides an opportunity to double your money - at half the price.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Today I want to talk about another major mistake traders are making. Now to be fair... they're making it because they're simply misinformed.
But what they're misinformed about provides an opportunity to double your money - at half the price.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Today I want to talk about another major mistake traders are making. Now to be fair... they're making it because they're simply misinformed.
But what they're misinformed about provides an opportunity to double your money - at half the price.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Investors' growing concerns are driving the markets right now. And this uncertainty can turn that winning option trade of yours into a huge disappointment - in a matter of seconds.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Of all the indicators that are out there, only volume reigns supreme. Many traders and investors misuse or flat-out ignore volume because they don't understand it or simply undervalue it.
But it's absolutely crucial to finding winning options trades, and there are four reasons why...
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
It's easy to worry about when to exercise your trades. Especially when you're new to options trading.
The key is knowing when to make your move. And while normally I'm happy to take a double on my trades right away, there are times when it pays to wait all the way until expiration.
Let me show you the perfect example...
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
You can probably imagine why the NYSE's decision to eliminate stop orders next week is causing traders to worry...
But we're going to talk about the one reason they shouldn't worry at all - and it's called options.
The beauty of trading options is that it offers a way to profit off of stock moves without having to shell out lofty amounts of cash to buy the stock itself.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Last week, I introduced you to the bull put spread, which is perfect for exploiting slighter upward market moves.
Today, we're going to meet its mirror image. With this options trading strategy, you can track and capitalize on smaller downward market moves.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Although U.S. stocks closed on a high note for the first time in four weeks last Friday, some are saying that the worst of the year is still ahead.
So today, I'm going to give you a power play for smaller upward stock moves - like what we saw last week.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
A good trader always has a set of tools to help identify the best stock options.
These two options trading indicators are particularly useful - they occur in any market condition, making them perfect for trading in today's volatility.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
The markets have started the year in a significant nosedive. Any day that we get a bounce, even a slight one, the pundits start asking if this is the bottom.
And you start wondering where you should put your money. Fortunately, you don't have to worry about finding the perfect stock.
Exchange-traded funds (ETFs) are a much better way to survive these markets. Here's why...
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
Lately the financial media has been campaigning for a dangerous options trading strategy. In fact, it's one of the riskiest strategies in the options world.
What's even more alarming is that, after the chaos that unfolded in the markets last week, traders may actually believe it. You might be strongly considering it yourself.
Take five minutes and read this - before you make the worst decision of your trading career...
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
I've been trading options for over 25 years. Throughout my trading career, I've experienced first-hand the trials and tribulations that helped me separate the facts from the fables about options.
I've made it my mission to educate anyone who wants to learn how to do what I do best. And I do this by removing the fear of options and giving the real expectations of becoming a wealthy options trader.
So let's put to bed the top seven myths about options...
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
There's a right way and a wrong way to go about options trading.
The wrong way may reward you with some wins here and there, but will ultimately earn you a lifetime of losses. The right way will spoil you with a lifetime of wealth.
To get there, you simply need to be able to predict when a price stock is about to move. Last week, I gave you the tool for measuring the market trend - the relative strength index (RSI).
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
There’s only one resolution traders need in the new year: Make twice the profit you made in 2015 by Dec. 31, 2016.
And this signal is the secret to reaching that goal – it’s the absolute best momentum indicator you can have in your trader’s toolbox.
It’ll help kick your options trades into high gear in 2016, so let’s get started…
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
You don't need a degree in finance to trade options - all you really need to know is when to jump in and when to get out. And it's shockingly easy to do.
The key to making money trading options is timing. Otherwise, you might as well be gambling with your money.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades -
One of the most challenging aspects of options trading is timing. So how do you know when to jump in and out of your trades?
Today's lesson will show you exactly when to jump in or jump out of the market... when a stock is going to turn from its current high or current low point... and how to profit handsomely.
This is the best way to time your trades...