Leeson's crime was not really averaging down; he had no "system" to speak. Rather, he was trying to muscle the Nikkei in his favor after the...
Or the Will Rogers corollary: "Sell options that don't go up. If they go up, then don't sell them!"
Hindsight is no edge. As Will Rogers would have said, "Buy options that go up. If they don't go up, then don't buy them."
Scalp trader wrpte" "Adding to losers works if you trade with the long term trend. For example, during the bull market in the stock market(late...
Range said "Later this summer, I want to buy puts to take advantage of a possible downturn this Fall. I would normally simply buy index puts....
The S&P broke through its March resistance several days ago and yet the breakout is still intact. That to me at least means either flat markets...
I am no daytrader, but a position trader. I have done well this summer placing limit orders at the ends of a projected daily range, and selling...
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