Hi, Tim.  We are continuing to go through Master Trader. Tomorrow we will be having our 2nd session of the live Master Trader class.  I also completed the Options 101 course on Tackle Trading. I’m really digging the new layout of the Tackle Trading site, btw.  We will continue building our daily trading routine, but…

Philosophy The Covered Call is a cash flow strategy that includes buying an equity in increments of 100 shares and selling call options against the underlying equity position for 1 contract for every 100 shares owned. Liquidity is an important factor, the options should carry enough liquidity for the trader to be able to buy back…

Click on “Screener” Tab _ Then on the “Descriptive” Tab _ Then go on the section “Average Volume” & choose *Over 1M _ Then go on the section “Optionable & Shortible” & choose “Optionalbe and Shortible” _ Then go on the “Price”, & Choose the *$10 – $50 stocks _ _ Next go on the…

Stages in the Creative Process Search for Challenges Express the Problem Investigate the Problem Produce Ideas Producing Ideas Free Association Analogy Aim for Originality Writing Ideas Compose a Central Idea and state it early Choose a recognizable pattern of organization and follow it Give each idea prominence Elaborate on Important Ideas Composition Planning Assemble your…

In this week’s Coaches Mailbag, I answer a question from Matt H, in Hawaii, about his vertical credit spreads.  A common point of confusion on cash flow trading, is how, where and when does a trade make or lose money.  First read his question below, then my answer and explanation.  If you want to be…

ONCE UPON A TIME… … the financial market was the domain of the wealthy and well-connected. The cost of placing a trade was sky high which made it virtually impossible to be an active trader unless you had some seriously deep pockets or a ringside seat on the trading floor in New York or Chicago….