limit order vs stop order

    This is a question I get asked all the time: What is the difference between a limit order vs a stop order? If you’ve been wondering about these two order types, I think you’ll find this article very interesting! In this article, we will answer the following questions: What is a limit order?

best tradingview setup

    A lot of people ask me about my setup for looking at stock charts. My preferred charting platform is TradingView. In this article, I’ll be showing you a step-by-step process on the best TradingView setup for the PowerX Strategy. Here’s how I get started with TradingView in 8 simple steps! Step 1: Register

short selling put options

    Today, let’s learn about short-selling put options. This is the question I am usually asked when it comes to this particular trading strategy: “How do you decide the strike price to sell the put options for and how do you determine if this is enough premium?” I actually made a put options calculator

Poor Man's Covered Call

    What Is The Poor Man’s Covered Call? You’ve all heard of selling covered calls as a trading strategy, right? It’s Step 3 of the Wheel Strategy for trading options, and it is an excellent source of earning premiums. Today, I’m going to talk about the Poor Man’s Covered Call. I’ll be answering questions like:

29 Things To Know About the Wheel Strategy

    29 Things to Know About The Wheel Strategy: For those of you who have been following me, you already know I love to use the Wheel Strategy when I trade.  How much confidence do I have in the Wheel Strategy? Well, in my $500,000 trading account I was able to make $50,000 of

How To Start Trading Stocks With $500

    This is a question I tend to get asked a lot. It doesn’t necessarily have to be $500, but how can I start trading stocks with a smaller account size, such as $500?  Here is an example of the question I often receive: I love when I get questions like this because it

Trading For A Living

    Want to learn how much capital you need to start trading for a living? This article will cover just that. Trading For A Living: Do you want to know which question I get asked the most?  It’s “How much money do you need to trade for a living?”  And you know which answer

Worried About Getting Assigned

    As much confidence as I have in The Wheel Strategy, I am always slightly worried about getting assigned. Therefore, this article will explain the steps you can take to avoid getting assigned and what to do in the specific situation that you do get assigned shares. Steps for Trading The Wheel Strategy When

when to exit trades

    Deciding when to exit trades is a common theme among traders. Do you know when to exit trades for a profit? Find out the crucial steps I go through below. When To Exit Trades Let’s talk about The Wheel Strategy and specifically when to exit trades. This is a question that I often