The Puzzle of Deltas

Mar 20, 2010 | Tools

For years I have been telling traders to strive to purchase in-the-money options that have high Deltas, preferably 1, if possible.  Recently, Bev, a friend and fellow trader, and I had a discussion about Deltas, and she explained that she...

Some Sell Rules Don’t Require Charts

Mar 14, 2010 | Uncategorized

Here’s a key investing rule: Make buy decisions using sound fundamentals and technicals, such as IBD ratings and Chart patterns, and sell mainly on technicals. But what exactly does it mean to sell on technicals? Well, this rule is saying that in a few cases you...

Pay Attention To Where A Candle Closes

Nov 10, 2009 | Tools

If a picture is worth a thousand words, the same can be said for a stock chart. Knowing how to read a candle chart can tell you a lot about how a stock trades. Strip out all the indicators and moving average lines, relative strength lines and volume bars and...

Stop Orders Can Help When You Have to be Away

Nov 10, 2009 | Tools, Uncategorized

You can’t seem to find enough time to spend in front of the computer every day, keeping a close eye on your options, is a common problem. Life always gets in the way. Don’t fret. By using a sound set of investing rules, you can still succeed at investing,...

Option Traders’ Chatroom

Jul 1, 2009 | Tools

Now that the book is on bookshelves, it will take a little while to build a community of option traders; nonetheless, we are providing a 24/7 live chatroom. To start, we will schedule chats Monday, Wednesday, and Friday at 8:00PM,  EST time. Wendy will be online...