There are just a few things I wanted to talk about regarding the PowerX Optimizer and the current market conditions. We’re going to take a look at the top 10 trading lessons learned from the last few months of trading this strategy. Let’s first talk about my TastyWorks account that I trade in my YouTube series […]
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What’s The Best Vertical Spread Option Strategy? You may have previously heard someone say, “ Vertical spreads are the same as getting weekly paychecks! “ Is that even true? We’re going to go in-depth on each strategy to discuss each of the pros and cons. I’m also going to discuss how each strategy should be […]
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In this article, I’m going to dive into the details of selecting the best brokerage account in 2020. Here are some of the questions we’re going to consider when selecting the best brokerage account: What brokers do we have? What are the best criteria? What is the difference between the brokerages? Where can I open […]
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***Disclaimer*** Before discussing this trading tragedy, I want to make a few things clear… What happened to this young man is an absolute tragedy. If you or someone you know is in crisis, please get help. Call the National Suicide Prevention Lifeline at 800-273-TALK or text TALK to 741741. Everything expressed in the article is […]
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How I’m Preparing For The Next Market Crash Will the stock market crash again? If you’ve ever read Douglas Adam’s Hitchhiker’s Guide To The Galaxy, you’re familiar with the term “DON’T PANIC!” After the recent drop in the market, you may have been asking yourself, “what am I going to do?” or “what if it happens […]
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The 4 Step Approach I want to share with you how I generate trading ideas, and how I then take these ideas and turn them into a trading strategy. When developing a new trading strategy, I use a 4 step approach to this method. How I Get Started Finding Trading Ideas First I try to […]
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TradingView Stock Screener I want to show you how I use the TradingView stock screener to find the best stocks to trade. TradingView is a software that’s available for free, and they also have a low-cost version and I believe it’s only $14.95. There are a lot of things that you can do with TradingView, […]
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I want to talk about what to do when a trade goes against you. This is the second part, already in the previous article, I talked about a trade that went against me. I talked about the plan, and right now, I want to show you exactly what I did today, which is the next […]
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Managing Losing Trades Managing losing trades, what to do when a trade goes against you. Are you worried about losing trades? Losses are part of our business as traders and every trader needs to learn how to manage losing trades. Right now, I am in a losing position. I’m actually in a few losing positions, […]
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One of the questions that I receive all the time is how exactly do I find the best stocks that I want to sell put options on? And this is what I want to show you right now. For the past few weeks, I have been selling puts and it has been working really, really […]
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Options Premium Today I want to talk about options premium, what it is, and I’ll show you a very specific example. Many people are struggling to understand how options premium work. As you know, I have been selling puts recently during this the stock market crash and have been doing really well. Now I want […]
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Is NCLH Going Bankrupt? NCLH Stock Analysis: Things have looked pretty grim for the cruise lines for a while now. And a lot of news has been circulating about Norwegian Cruise Lines possibly going bankrupt. So I would like to clarify what the ‘talking heads’ mean. Now by no means do I think NCLH is […]
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What Is “Theta” In Options? When you are BUYING options, time decay in options can suck the life out of you. But when you are SELLING options, you should forget everything you learned about time decay, because now suddenly THETA is your best friend! In this article, I’ll show you 3 amazing facts about time […]
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Top 5G Stocks To Buy Now Let’s talk about the top 5G stocks. Right now, everybody’s interested in 5G stocks and the technology. Not many people are really understanding what this is all about, but it seems there is a huge opportunity and there are some stocks poised for ginormous gains. … At least this […]
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Short Selling Put Options When short selling put options, a question people ask me is, “Okay, Markus, how do you decide what’s strike price you want to sell, and whether there’s enough premium in there?” I made a put options calculator that I gave away as part of my recent class on selling put options […]
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How To Be Happier And Less Stressed Right now, we are in the middle of a crisis: Businesses are closing and filing for bankruptcy, More than 20MM people filed for unemployment in the past few weeks, We’re stuck at home and don’t know when all of this will end. In short, it’s easy to be […]
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The Best Trading Strategy People often ask, “What is the best trading strategy?” Is it the PowerX Strategy? Or you might have heard me talking about Binary Power Spreads. Recently I’ve been selling put options, which has been working really well in these volatile conditions. So which of these strategies is the best strategy? That’s […]
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How To Calculate Stop Loss Order To Limit Your Losses I want to show you how to calculate the best stop loss order if you are trading stocks. We’ll look at specific examples like Tesla and Apple. Now this is for you if you are trading, because trading is different than investing. When trading, you’re […]
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Interactive Brokers Options Trading – Closing Options Trades for $1,800 In Profits In this article, I will show you how to trade options on Interactive Broker’s Trader Workstation (TWS). Right now, I have more than $1,800 in unrealized profits, and I decided to take some of these profits and close some trades. I will show […]
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How To Start Your Trading Day With An Edge How to start your trading day with an edge: Many people ask me, “Markus, what is your morning routine? What do you do before you start your trading day?” So in this article, I’ll share my morning routine with you and how I start my trading […]
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