This week I will conclude my review of using ThinkorSwim to set up a Conditional Trailing Stop Limit for my Vertical Spreads. Table of Content Commentary: Conditional Trailing-Stop LimitsThis Week's Market SentimentProfit and Loss StatementSchedule for this WeekThis Week's Trade..
Toto, I've got a feeling we're not in Kansas anymore.- Dorothy Gale (Movie: Wizard of Oz.) Commentary In this week's very short commentary, I want to review the two most significant impediments to Options Trading; ignorance and greed...
There are two wolves who are always fighting.One is darkness and despair, the other is light and hope.The question is: Which wolf wins?Answer: THE ONE YOU FEED!- Casey Newton (Movie: Tomorrowland) Commentary Many geopolitical events have been queued up over..
Keep movin', movin', movin', though they're disapproving, Keep them dawwgies rollin', Rawhide! Don't try to understand them, Just rope and throw and brand 'em, Soon we'll be living high and wide! - Frankie Laine (selected lyrics from "Rawhide") Commentary These..
He who is not courageous enough to take riskswill accomplish nothing in life.- Muhammad Ali Commentary Thrashing is the Hardest Part of Trading Choppy aftershocks are going to be the status quo after the epic 37% collapse of the DOW..
Looks like I picked the wrong week to quit smoking.Looks like I picked the wrong week to quit drinking.Looks like I picked the wrong week to quit amphetamines. Looks like I picked the wrong week to quit sniffing glue.- Air Traffic..
"Never let a serious crisis go to waste."- Rahm Emanuel Commentary Our economic system is a vital function in our way of life. A free-market economy is one of the major requirements for a free society. But by the very..
Falling down is how we grow. Staying down is how we die.- Maximus Decimus Meridius (Movie: Gladiator) Commentary I wish I knew what I don't know. The Coronavirus "crisis" is a bit confusing to me. But from the Market's tantrum..
Commentary We need to CHILLAX! As of this Monday morning (3/9/20), every Vertical Bull Put Credit Spread in my Options portfolio is insanely deep ITM. This equates to a possible max loss of $2,713 if all positions fail. My job..
--Matt Farrell: The first time I heard the concept of a Fire-Sell, I actually thought it would be cool if anyone ever really did it. Just hit the reset button – melt the system just for fun.--John McClane: Hey, it's..