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tryumph « Tryumph Trader
https://tryumph.wordpress.com/author/tryumph
So You Want To Be An Active Investor…. You might be an Options Geek if…. OPEN IWM IRON CONDOR. We have some good support and resistance levels, Check out the 2 yr Trend. Support @ 67.50 – 65. Resistance @ 72.50 – 75. Trend Neutral to bearish. BTO MAR08Q 75 Calls. STO MAR08Q 73 Calls. BTO MAR08Q 63 Puts. STO MAR08Q 65 Puts. BPE = 1.00 (risk). BE$ = 64 / 74. Max gain 1.00. Max Loss 1.00. 80% probability of success. I will add a broken butterfly to the top around 185 on weakness. Close at 80% profit. Tradin...
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Trading Rules « Tryumph Trader
https://tryumph.wordpress.com/trading-rules
So You Want To Be An Active Investor…. You might be an Options Geek if…. Trade with the trend. Trade what the price is not what you think it should or will do. Place new trades after 2Pm or after market. Do not enter any new trades during an Investools workshop. Only trade prior to 2pm if defending or exiting a trade. Do not overexpose yourself in any single industry or sector. Limit your portfolio risk to no more than 10% per sector. Use GTC orders to exit trades. Use DAY Limit to enter trades. Do not l...
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Current Watchlist « Tryumph Trader
https://tryumph.wordpress.com/current-watchlist
So You Want To Be An Active Investor…. You might be an Options Geek if…. If you are an Investools Student you can subscribe to my Watch Lists and be updated the minute I make a change. Directions below the lists. AAPL (watch GOOG and YHOO but don’t trade at same time). UAUA Honorary Watch list member. ETF’s (Exchange Traded Funds). Click on the Investor Toolbox on your home page. Click on the “Portfolio” Sub-Tab. Click on “Manage Watch Lists” on your left hand menu. Click on Public Watch Lists. Create a ...
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So You Want To Be An Active Investor… « Tryumph Trader
https://tryumph.wordpress.com/so-you-want-to-be-an-active-investor
So You Want To Be An Active Investor…. You might be an Options Geek if…. So You Want To Be An Active Investor…. Why are you here. What makes some successful and others not? The simple answer would most likely come down to commitment. I am constantly shocked at how many students are willing to pay thousands of dollars to “try” something out. Try = Fail. As yoda says so wonderfully “Do or Do not, there is no try”. So consider why. Choose a trading style. How frequently are you interested placing new trades?
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2008 February 15 « Tryumph Trader
https://tryumph.wordpress.com/2008/02/15
So You Want To Be An Active Investor…. You might be an Options Geek if…. Open: IWM Skewed Iron Condor 26%. This is the first Skewed IC I’ve traded. I’m still working on my rules. What is an Iron Condor? Why would you want to trade and Iron Condor? Trading IC’s can be a great neutral strategy to bring in income on a monthly basis. Let’s say that you are Neutral on an ETF or Index (expect a sideways move or a slightly directional move) . Why would you want to trade a skewed IC? STO Skewed Iron Condor.
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You might be an Options Geek if… « Tryumph Trader
https://tryumph.wordpress.com/you-might-be-an-options-geek-if
So You Want To Be An Active Investor…. You might be an Options Geek if…. You might be an Options Geek if…. Yes you too might be an options geek if……. 8211; you have ever woken up to see stock charts floating in the air. 8211; you suddenly realize that you have been preoccupied with drawing support and resistance in the landscape instead of driving. 8211; you refer to a company by the symbol rather than the common name during multiple conversations. And option chain printouts. 8211; you refer to the proba...
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OPEN: IWM IC « Tryumph Trader
https://tryumph.wordpress.com/2008/02/19/open-iwm-ic
So You Want To Be An Active Investor…. You might be an Options Geek if…. OPEN IWM IRON CONDOR. We have some good support and resistance levels, Check out the 2 yr Trend. Support @ 67.50 – 65. Resistance @ 72.50 – 75. Trend Neutral to bearish. BTO MAR08Q 75 Calls. STO MAR08Q 73 Calls. BTO MAR08Q 63 Puts. STO MAR08Q 65 Puts. BPE = 1.00 (risk). BE$ = 64 / 74. Max gain 1.00. Max Loss 1.00. 80% probability of success. I will add a broken butterfly to the top around 185 on weakness. Close at 80% profit. Expand...
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2008 February 19 « Tryumph Trader
https://tryumph.wordpress.com/2008/02/19
So You Want To Be An Active Investor…. You might be an Options Geek if…. OPEN IWM IRON CONDOR. We have some good support and resistance levels, Check out the 2 yr Trend. Support @ 67.50 – 65. Resistance @ 72.50 – 75. Trend Neutral to bearish. BTO MAR08Q 75 Calls. STO MAR08Q 73 Calls. BTO MAR08Q 63 Puts. STO MAR08Q 65 Puts. BPE = 1.00 (risk). BE$ = 64 / 74. Max gain 1.00. Max Loss 1.00. 80% probability of success. I will add a broken butterfly to the top around 185 on weakness. Close at 80% profit.
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Open: IWM Skewed Iron Condor +26% « Tryumph Trader
https://tryumph.wordpress.com/2008/02/15/open-iwm-skewed-iron-condor-26
So You Want To Be An Active Investor…. You might be an Options Geek if…. Open: IWM Skewed Iron Condor 26%. This is the first Skewed IC I’ve traded. I’m still working on my rules. What is an Iron Condor? Why would you want to trade and Iron Condor? Trading IC’s can be a great neutral strategy to bring in income on a monthly basis. Let’s say that you are Neutral on an ETF or Index (expect a sideways move or a slightly directional move) . Why would you want to trade a skewed IC? STO Skewed Iron Condor.
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Glossary « Tryumph Trader
https://tryumph.wordpress.com/glossary
So You Want To Be An Active Investor…. You might be an Options Geek if…. 8211; At the money (ATM). This is the option (put or call) who’s strike price is closest to the current price of the stock. Usually this option is the most expensive (in terms of time value) to purchase. 8211; Buy Call to Open (BCO). This is where you are buying a call (long a call) to open a trade. When you want to close this position you would sell a call to close; see SCC. 8211; See BRCS. 8211; See Diagonal (Bearish). 8211; Cash-...