Why Is Gold Up?
The Monty Hall Dilemma and Opening Your Mind
The Monty Hall Dilemma is a classic thought experiment that trips up even the smartest people. The same kind of faulty intuition leads traders to make bad decisions every day.
Prepare for This
The ‘C’ Word
Trade Tomorrow’s News
A Sweet Bear Put in TSLA
In this post, we’re walking through a bear put trade in TSLA from late February, highlighting how spotting technical setups and choosing the right expiration can create an edge.
3 Opportunities I See
The ‘T’ Word
NVDA Earnings Sell-Off
Lessons From the Futures Pits
Spend time with a broker or pit trader from the era when all trades were executed by brokers in trading pits at exchanges and you will learn about open outcry and the information it provides. Pits were created to facilitate trade. To an untrained eye a trading pit is a ring filled with angry, aggressive people wearing badges on various colored jackets. But for a seasoned observer a trading pit reveals incredible amounts of information not available on screens or trading platforms. Professional traders monitor order flow. They use a combination of market-generated information (technicals) and fundamentals (supply/demand or earnings) to define and refine strategies.
Lack of Confidence
Interesting Week Ahead
Volatility of Volatility
Psychology Is Key in Options Trading
You heard it here first: Psychology is key in options trading. Actually, you probably didn’t hear it hear first, but I bet when you did you didn’t believe it right away. To be honest, neither did I. When I started out as a retail trader, I had no idea how important psychology is to successful option trading. And even though I quickly learned this lesson, it took me several years to get a handle on it.
Help on Trades
How to Identify Trend Exhaustion
Information from the trading pit is no longer available because most trades are executed electronically. However, the lessons I learned from dealing with professionals and reading order flow still resonate. Be sure to answer all the questions on this list before entering any trade to think like a pro.
Sell the Rumor, Buy the News
AAPL’s AI Plan
Apple just made a strategic AI move that’s lifting its stock. The company is integrating generative AI into iPhones, but with a twist—Alibaba will power AI for Chinese users, while OpenAI handles the rest of the world. This decision helps Apple stay in Beijing’s good graces while ensuring smooth sales.
From a technical perspective, if AAPL holds above the 21-day moving average, we could see more upside in the short term. Fundamentals are aligning with price action—let’s see if momentum follows through.
Stocks Following NVDA Again?
The S&P 500 climbed 0.7% today, and Nvidia played a huge role, gaining nearly 3%. But the big question now: Can it break the 50-day moving average, or will it retrace below the 21-day?
Are Bull Calls and Bull Puts the Same?
Information from the trading pit is no longer available because most trades are executed electronically. However, the lessons I learned from dealing with professionals and reading order flow still resonate. Be sure to answer all the questions on this list before entering any trade to think like a pro.
Seek the Answers the Pros Do
Information from the trading pit is no longer available because most trades are executed electronically. However, the lessons I learned from dealing with professionals and reading order flow still resonate. Be sure to answer all the questions on this list before entering any trade to think like a pro.
