Trading Articles
Sequence of a Trade
Asked a while back how I get into a SPY options position, I replied just how I did it. Step 1: Check your personal situation… are you well rested, free of medications and 100% in the space? Step 2: Check the news… news moves markets. Knowing what is relevant and how it affects pricing is […]
Welcome New Traders!
It is always good to see young, fresh blood enter the markets; very comforting knowing that you are learning how to create wealth on your own without relying on a pay check from an employer. As new traders, you will be exposed to tons of hype, especially from sketchy outfits trying to grab your cash. […]
The Trouble with ‘Free’
Who doesn’t like something for free? We sometimes get requests for free trials. “If I like it, Hugh, I’ll subscribe.”, they write. Except one thing: we do not give free trials. We used to many years ago but not anymore. In the end, nothing is free and nobody truly benefits. a) If I give you […]
Why I Avoid Earnings Trades
Four times a year, companies are required to release their quarterly earnings reports. This financial information includes their balance sheet, income statement, cash flow statement and other important details of their financial health. Usually, a conference call hosted by a top executive accompanies the release, discussing the company’s report. Investors are obviously interested in this […]
Hugh’s Ultimate: Scalping
There are never any guarantees in this business; you all know that. But, this can be a high probability win strategy that is not only profitable but a lot of fun. In fact, it may be particularly attractive to those who love to trade… in and out, multiple times a day. Essentially, you are putting […]
Caught Up in GME?
Unless you’ve been hibernating the last couple weeks, you would know that some folks on Reddit chatted about GameStop (GME), creating a buzz that sent this stock on a wild run. This lured in many young adults hoping for a big score, entering the market for the first time. Most lost. Many lost big time. […]
