Author Archive
Stock Trading Strategy: The Vertical Leap
Most people view stock options as only a short term tool. The idea of a highly leveraged tool with the potential to make big bucks quickly appeals to the gambler inside all of us. Just like a card counting black-jack player, options strategies can be used to make significant short term profits, provided the trader is careful, and knows what they’re doing. But while stock options are usually employed solely by that clique of high-risk, high-reward traders, they actually have enormous benefits that tend to go unnoticed by many a long term investor.
Stock Trading Strategy: Pyramid Your profits!
If your seeing wild fluctuations in your trading portfolio, and not of the upwards kind, then your forgetting a critical piece of knowledge. To be a successful trader, you MUST cut your losses short, and let your profits ride. It is THE most important lesson to learn, right up there with using a stop loss, and key concepts like support and resistance. To be a highly successful trader, you need to learn to pyramid your profits, greatly amplifying your gains, and turning the big winners, into true home runs.
