This is not to knock Peak Investing or any other advisory service,as I have also used them, but its just and observation and attempt for a healthy discussion.
Just take a look at peak investing's last weekly and monthly trades. You will notice huge losses that almost wipes out a years worth...
Kevin,
I just looked at the chart and 48 seems to be a resistance if you thank that way than 1.95 credit is very attractive i think.
What do you use to find your spreads?
Anyone has any experience with D.R.Bartons newsletter,'10 MINUTE TRADER'.?
Charges good yearly fee and claims a good record. He also co-authored a recent book with Van Tharp.
I have been trying to find a few stocks to follow for swing trading.
So far i found that SMH is a good one to follow ( good volatility, lands itself well to simple TA etc.)
I would like to find maybe 5 or 6 stocks that fit those criteria.
Any opinions appreciated.
I am thinking about writing credit spreads on oex options and would like comments on it.
Basically i am thinking of selling either calls and puts closer to money and buying calls or puts 5 points away to collect .50 or .75 credit with about 2-3 days left on expiration.
Lets say oex is at...
I have been getting some ads in the mail from them. When i checked out their website they claim some pretty nice returns on some of their services. And they are not cheap.
Does anyone have any experience with them?
I need ideas and opinions from fellow traders.
I have series7 and 55 licenses. About year and a half ago i was sponsored by one of the props in nyc .
However i never had a chance to work with them as a family emergency forced mo to tend the family business full time.
Naturally they...