Month: December 2015

The Best Options “Crystal Ball” in the Markets

“Trust your gut.”

At some point in your life, you may have heard this from a parent, a teacher, a friend… you may have even told yourself this…

The idea being… you can never be wrong and can never lose when you trust your gut.

But here’s how this thinking can actually destroy you.

When it comes to trading options, trusting your gut can cost you everything.

And MAKING MONEY is my No. 1 goal.

Actually, I don’t believe in a trade unless I will – at the very least – DOUBLE my money.

But there’s a right way and a wrong way to do it.

The wrong way may reward you with some wins here and there, but will ultimately earn you a lifetime of losses.

The right way will spoil you with a lifetime of wealth.

And to get there, you simply need to be able to predict when a price stock is about to move.

Earlier this week, I gave you the tool for measuring the market trend – the Relative Strength Index (RSI).

Today, I’m going to show you how to use the RSI to predict where that trend is going – and when it’s about to change direction.

Let’s begin…

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Exploit the Market in 2016 Using this Vital Momentum Indicator

The year is wrapping up, and we’re just days away from 2016.

This means it’s time to think about your New Year’s resolutions.

Now I know…

Most people give up on their resolutions within the first few months of the New Year.

As a matter of fact, according to a recently-published article by Forbes, only 8% of people actually achieve their New Year’s goals.

The other 92% of people fail because they set too many goals that are too complex and too unrealistic to achieve.

So I’m going to give you the only New Year’s resolution you need:

Make twice the profit you made in 2015 by December 31, 2016.

And today, I’m going to show you the secret to reaching that goal…

Now we’ve recently been talking about momentum indicators. I showed you how MACD can measure the strength and duration of a trend and how you can use stochastics to time your options trades.

Both of these are terrific tools for showing you the direction a stock’s price is heading.

But right now, I’m going to show you the absolute best momentum indicator you can have in your trader’s toolbox…

And how you can use it to help you kick your profits into high gear in 2016.

Let’s get started…

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America’s #1 Trader Answers Your Biggest Questions

The holidays are right around the corner.

And this time of year can be a little bit hectic.

People are racing around madly trying to finish their last-minute shopping and prepare for the New Year.

So I’m going to wind things down a little bit.

A lot of what I write is technical.

This could make it a bit more challenging for newer traders to follow along at times.

So today, let’s back up and review some of your biggest questions…

Here we go…

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These Little-Known Signals Will Tell You Exactly When to Enter or Exit Your Trades

Dear Reader,

You don’t need a degree in finance to trade options. Anyone can do this.

All that you really need to know is when to jump in and when to get out.

And it’s shockingly easy to do.

The key to making money trading options is timing. Otherwise, you might as well be gambling with your money.

Last week, I showed you how to identify the direction a stock is turning and when it will turn.

Today, I’m going to show you when to enter and exit your options trades.

As you’ll see, there are just six signals you’ll need.

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The One Lesson You Need to Time Your Trades

One of the most challenging aspects of trading is timing.

Whenever you turn on the TV, you see a different expert telling you that it’s impossible to time the market. Or you see another giving you THE fail-proof strategy for timing the market perfectly.

This leaves retail investors and traders scrambling to buy their stocks at the absolute lowest prices (the bottom) or sell their stocks at the absolute highest prices (the top).

And they usually fail.

Now, I’m not saying that you can’t buy stock at the lowest price or sell it at the highest price…

But if anyone tells you he or she caught the absolute top or bottom in a stock, that person is lying to you.

So how do you know when to jump in and out of your trades?

Today’s lesson will show you exactly when to jump in or jump out of the market… when a stock is going to turn from its current high or current low point… and how to profit handsomely.

This is the best way to time your trades…

To make money trading options, you need to know when the direction of a stock price is going to turn, or pivot, and you need to understand stochastics.

This may sound challenging, but I’m going to tell you everything you need to know.

Let’s get started.

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Protect Your Money with These 10 Tips for Tax Season

You’ve spent the last few months with me learning everything you need to know to make money trading options.

But now, it’s time to make sure you protect that money.

And I’m not talking about protecting your money from markets, day traders, or even just the usual losses that come with trading… I’m talking about protecting your money from Uncle Sam.

We’re approaching the end of the year, which means we’re also approaching tax season – and you need to start thinking about your tax plan right now.

I met with my tax attorney just last week and asked her for the top 10 things traders need to think about as we head into the end of the year.

Here’s what she said…

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This One Chart Can Get You in Your Trades Ahead of the Trend

Timing is everything, especially in options trading.

When you’re trying to get into a trade, a few minutes can be the difference between getting in at the price you want and your targeted options getting away from you completely.

And when you’re already in a trade, those same few minutes can also be the difference between banking 100% profits and watching your options reverse course and turn against you.

Today, I’m going to show you an indicator that will let you get in and out of your options trades before the rest of the investing herd.

Here’s what I mean…

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How to Cash in on a Breakout (or Breakdown)

As I showed you last week, stocks (and other underlying securities) can often trade between support and resistance for sustained periods of time. When this happens, the underlying is said to be in a channel. Channels are helpful tools for traders because they allow you to predict how a stock will behave, and pick your options accordingly.

While channels can and do last for weeks and months at a time, all stocks, ETFs, futures, and commodities will eventually break out of a given channel.

But how do you know when an underlying is about to break out?

And – more importantly – how can you profit?

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This Skill Is Essential for Pinpointing Your Options Trades

On Tuesday, we talked about “Channeling,” and I told you how you can use a stock’s Support and Resistance levels to identify channels and better predict how a stock’s price will behave.

To illustrate the point, I used a horizontal channel – that is, a stock that’s trending sideways. It’s the easiest type of channel to identify and trade because you don’t have to account for a stock that’s trending up or down. So it was the perfect way to explain the basics.

But now it’s time to tackle something a bit more advanced.

We’re going to dig a bit deeper into channels today – there’s a lot that you need to know in order to wield this technique effectively.

So let’s get started…

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Use This Technique to “Channel” Your Profits

We’ve talked before about the importance of Support and Resistance when looking at a stock chart. Back in October, I called it a trader’s “Swiss Army knife” and one of my go-to technical indicators. And we touched on it briefly again last week when I told you about Japanese candlestick charts.

Needless to say, Support and Resistance come up a lot when during the normal course of trading. They are incredibly important indicators of where a stock price might (or might not) be headed.

Today, we’re going to take a look at another way you can use Support and Resistance to identify potentially profitable options trades.

Let’s get to it…

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