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Option Trading The Probability Based Way
Time for Your 6-month Checkup……..How is Your Financial Advisor Performing?
The first six months of 2016 were recently concluded. It’s time to take a look at the market performance and for you to evaluate the performance of your account and your financial advisor (if you use one). In the table below I have provided the closing prices, the...
Done is Better Than Perfect……..In Trading Too!!
I am sure you are familiar with the saying, “Done is Better Than Perfect”. It is my understanding that this phrase originated at the Facebook corporate offices. I must admit that “Done is Better Than Perfect” is something that I wish I had subscribed to in my 35+...
John Andres Interviewed by Business Innovators
I was recently interviewed by T.C. Bradley for Business Innovators. Business Innovators syndicates much of their content to such recognized names as I Heart Radio, Stitcher and I Tunes. The interview was a great experience. I was not provided with any of the...
What is an Earnings Play?
As we enter the second quarter for 2016 another earnings season is upon us. It seems appropriate to review what constitutes an "earnings play". Previously I published an article describing "earnings season" as "Christmas Four Times Each Year". If you missed that...
So You Want To Be a Trader/Investor?..Don’t Make It So Difficult!
Have you been attracted to the allure of trading the financial markets? Or maybe your only exposure to trading has been through your retirement account that is in a group of managed funds.When the day is over do you find one of your first exercises is to find “what...
Exiting In the Money Spreads (ITM) Spreads at Expiration
As a premium seller we naturally have to deal with trades that do not go in our favor. In fact, we expect them! If you trade options using the “probability based” method and you typically execute trades with at 70% probability of success, the math alone tells you to...
Stock Picking Can Be Hazardous to Your Financial Health
As 2015 concludes we usher in 2016 with great expectations for improved returns in our investment accounts. It is an opportune time to evaluate the performance of your “self-proclaimed” professional adviser. Your expectations should always be that your adviser...
Managing Your Money……..Your Financial Advisor May Be Hazardous to Your (Financial) Health
Over the last five years the US Stock Market has been in a very strong bull market. Research has shown that individual stocks typically track the S&P 500 about 75% of the time. That means that 3 out of 4 stocks will trend with the broad market. Suffice it to say...
Key to Trading Success………Predictable Results!
The goal of every investor is to achieve consistent, positive returns. Regardless of the methodology you select to make your investment decisions, the results must be reliable and quantifiable. For most of my thirty plus years of investing I followed what the...
I Know Nothing!!
Those of you that are old enough (like me) probably remember “Hogan’s Heroes”. It was one of those old sit coms that I couldn’t wait to watch each week. The show ran for six years and you can still catch some of the episodes in syndication. If you have watched the...
It Is All About the Odds!
Options trading is nothing more than endless series of probabilities. At first, I was a skeptic when I was introduced to the concept of probability-based options trading. It was hard for me to realize how the answer to what on the surface appeared to be so complicated...
Efficient Market Hypothesis
Efficient market hypothesis (EMH) evolved from a Ph.D. dissertation by Eugene Fama in a 1960's dissertation. EMH states that financial markets are efficient and that prices already reflect all known information. Furthermore any stock or other security reacts very...
You Must Lower Your Cost Basis……and Increase Your Probability of Profit
If you are an investor or a trader the single most important action that you must take in your investing (or trading) is to lower the cost basis of the stock or option in which you have a position. (Of course if you are trading the short side, you want to do the...
Standard Deviation – Taking the Mystery Out It in Options Trading
When I am working with my options trading coaching clients I often refer to standard deviation somewhat casually. I assume everyone understands the concept and especially how it relates to selling volatility (premium) on options. More specifically those options that...
Trading is Not a Game of Perfect
In some of my other articles you may have noticed some references to golf. Like trading, I love golf. There are so many similarities between trading and golf that I feel compelled to write a future article on the relationship between the two. In this article I want to...
Christmas Four Times a Year for Options Traders…Earnings Season!
One of my favorite Christmas season songs is the old Andy Williams favorite, “It’s the Most Wonderful Time of the Year”. Oh great, now that song will be playing in our heads all day! An earnings announcement for all publicly traded companies is required to be reported...
John Andres – #1 Amazon Best Selling Author
Book: Business Leader Success!: An Introduction To Elite Business Leaders! Volume 1 has climbed the best-seller list on Amazon. John Andres co-authored it. Here you learn more about John Andres, Amazon Best Selling Author is your...