February 12th, 2009

Why Manage Your Risk When Selling Options

Most people start selling options because of the high success rate.  But success rates are not everything, you also need to manage your risk.

Most people who enter the option selling world do so because it comes with a high probability of being correct.  Most people see that they can make money 80% of the time and decide that this is what they should be doing.

Few realize that even with such a high success rate you still should manage your risk.  Just being right 80% of the time isn’t going to make you an automatic Stock Market Trader.

February 3rd, 2009

Last Minute Holiday

Whatever your personal preference, there’s no doubt that there are great benefits in booking a last minute holiday. In just a few minutes, you could be on your way to… well, who knows?

For many people, their preferred method of booking a holiday, whether abroad or in Britain, is to wait until the summer and then book a last minute holiday, either online or through a travel agent. This has several benefits, which allows you to benefit from last minute discounts, but on the other hand, the available choice is often limited, so you may have to settle for a different destination. However, provided you’re prepared to be a little flexible, booking a last minute holiday can often be cheaper than reserving many months ahead. You may have to visit Jersey instead of Normandy, or take the sun in Morocco rather than that hotel in Jamaica you had your eye on, but you will be saving money.

November 11th, 2008

Things to look at When Trading

When trading, especially short term trading, there are a number of things that are important to look at.  Each individual chart should have these things before you decide to trade them.

When trading, especially short term trading, there are a number of things that are important to look at.  Each individual chart should have these things before you decide to trade them.

1.       Do they follow your trading rules?  You should have a set trading system in place every time you place a trade.  Obvious the first thing you should look at before placing a trade is, is the stock giving me a buy , or sell signal based on my rules.


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