Recent content by pjhaggerty

all those strategies can be profitable or unprofitable. The thing that separates rather it's profitable or unprofitable is the trader that trades it. Each firm or trader decides what type of trade they like, and trades that trade/strategy. (at least successful ones). You have to figure out...

why do you have to convert from naked call to naked put right when it reaches the strike price? As some other people have pointed out, it is likely that you will then be whipsawed in and out of the market, costing comissions and slippage. The chief difficulty is that you would be trading to...

Hi all I'm new to trading. However, as I understand it right now, institutional money moves the markets. This is fairly obvious, as they are the big money. My question is, how do you tell what the institutions are doing? Obviously, this is a complex question with a complex answer that is not...

Art, when calculating the 10 day range average, do you include the current day in those 10 days, or not and have 11 days (the 10 days before today, and then todays compared to those other 10 days but not included in the average)? Thanks for the reply and for continuing to post this

Hey all i'm new to technical analysis, and I have a question for the more experienced traders up here. My question is, what indicators can you use to determine rather a support/resistance/trendline is solid or not? For example, let's say a stock broke through resistance. Are there any...

Well, then obviously the directional part is a matter of testing a system, tweaking it until it's profitable, consistently using it, and redesigning it if it stops working. Simple but time consuming. But what about the strike prices? Do you have some advice on picking the right strike prices...

so, the main danger is in getting too cocky with it and increasing your risk exposure on each trade too much? All you have to do to be effective is be disciplined in only putting, say, 3% of your portfolio at risk on each trade and you'll be fine? That way you can bank the small wins and...

On other threads on this forum, I have seen the question of 'is selling or buying options better' generally with the answer being, if you sell you get a bunch of small wins and one big loss. If you buy you get a bunch of small losses and one big win. Either way, you don't have an edge. Now...

Why do people buy on fundamentals? Because theoretically, a stock is a piece of a business. Ideally that business is worth something. i.e. it has assets, cashflow, etc. etc. Therefore theoretically that stock is worth a certain percentage of that businesses assets cashflow etc. etc. People...