GETTING TO KNOW THE GREEKS
The Options Greeks - AKA The Greeks help us to understand Options pricing and how the price of a stock can affect the value of your contracts in different ways.
Weekly Watchlist
Each and every Sunday we have a broad market overview, along with an analysis of some of the best technical setups ready to go for Monday morning. Come for the analysis, stay for the fun!
Pack It Up
Don’t shoot the messenger. The message is much needed. Also, this is coming from a place of compassion and empathy. Pack it up, b.
Never Look Back
Contrary to what popular songs of today might say, where they encourage you to look back at it, NEVER look back at trades you sold out of. Well, at least until a little later where emotions simmer down, and it will not mentally mess you up.
Use A Trade Journal
Journaling your trades is probably the LEAST sexy aspect of trading. Some probably actually treat it like a rubber and forego it entirely when they enter their position. They raw dog the trade, slip up, then wonder what happened and how they ended up here. Forgive all the imagery, but I want to drive the point home: You should be journaling your trades.
Fighting FOMO
Everything that I have learned over my time as a trader, is obviously telling me “NOOOOOOO, DON’T CHASE IT!!” But here I am, still becoming overwhelmed with this feeling. This feeling is nothing new to just about everyone, but especially to traders. It is the fear of missing out, or what most just call FOMO.
Revenge Trading
“The actual charts and trading are the easy part. The mental and emotion part that’s tied to options trading — that’s the hard part.” This is a line I constantly try to keep in the forefront of my mind, especially when things just seem to not go my way.
Small Account Challenge: Round Two
The Gold Rush Gang KILLED round one of our 𝘚𝘮𝘢𝘭𝘭 𝘈𝘤𝘤𝘰𝘶𝘯𝘵 𝘊𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦 last week. We challenged our members to practice discipline in a choppy market and it paid off in a big way. Take a look at a few of the results.
Trading Confluence
Skilled traders take trades that have high-quality setups, based on a confluence of multiple factors that give a strong conviction to what direction the stock will move.
Algorithmic Trading
We unleashed some algos on our trading community today. We have activated some bots that report big money call and put buying, as well as darkpool activity.