Well, JAZZ is just starting to move up, should still be okay by Friday KMT 40 PUT up to $0.25 from $0.05 WBS 65 CALL up to $1.05 from $0.25 FDX 252.5 PUT up to $9.90 from $3.60 All in all, pretty good run.....

Let's Trade Options

Perhaps you've said in previous posts and I missed it, but what exactly is the above chart showing you?

EUR/JPY

Perfectly said!! Way too many traders try to overthink things and make stuff way more complicated than it needs to be (or actually is).

Trend Trading

Years ago, around 2007 or so, I started learning currency trading. I had 20+ years experience in stock and metals and options, but they are somewhat different animals than currency. but I started watching the charts for several hours each day until ...

What helped you the most?

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Quote of the day - Trader’s oomph!

I believe that to take emotions out of trading, you need to take ego out of trading. Greed and fear are big and not to be discarded lightly, but I think more money is lost because of ego ("Okay, it moved against me, but it will come back....I KNOW ...

How to Become Emotionless

My favorite three are GBP/JPY, EUR/JPY and EUR/GBP. I'll watch GBP/USD and AUD/GBP, too, and maybe a couple of different ones if nothing is happening on the first five choices. But I hardly EVER trade EUR/USD, because for my trading style, that pair ...

The best Pairs to Trade?

Ha!! After looking at this again, I think I'm gonna call you TF or THE or something. "Hey, Fool" just doesn't look right...

Let's Trade Options

Hey Fool, I hope TSLA works out for you. I only trade short term PUTS/CALLS, no spreads or butterflies or anything like that, so I'm only looking for short term (<1 week but preferably <3 days) overbought/oversold conditions. I like to trade 100 ...

Let's Trade Options

I recommend you pick two that you get to know very well (I like Gbp/Jpy and Eur/Jpy) and then find three or four that you can switch off/on when nothing is going on. For me, I've found watching more than six pairs becomes labor intensive, since each ...

how many currency pairs should I follow

JAZZ Sep21 165 CALL @ $2.60 or better looks good for some quick money. Two quick, cheap trades: KMT Sep21 40 PUT @$0.10 or better WBS Sep21 65 CALL @ $0.25 or better Normally I like to make decisions right at the end of the trading day because you ...

Let's Trade Options

A $2+ change in option price makes for a nice, quick trade!

Let's Trade Options

I recommend: 1) that any pointers, advice or strategies you take seriously come from profitable people trading live accounts with full sized lots (or at least 0.5 lots). There is a lot of advice on forums such as this, but in my opinion, there is no ...

Complete Newbie to Forex

Home Depot did its usual jump due to the hurricane, but it never stays up long, as the purchases just get rolled into quarterly earnings. I think a Sept.21 PUT at 210 strike for ~$1.15 would be a good play. With 100 contracts, a $0.10 move in option ...

Let's Trade Options

I think a lot of people get caught up in total $$/time frame, when for me, it is easier to break it down a little more. Many people starting out wouldn't trade for a measly $800/month profit, but look at it this way: an extra $800/month will pay a ...

Has anyone become wealthy from forex?

I like high leverage (>200:1) personally. As a matter of fact, when the US went to 50:1, I got out of currency trading and went back to stock options. Going to try an overseas broker and see how that goes (as far as withdrawing funds go, as that ...

Do you fear high leverage

As previously mentioned, a demo helps to get to know the platform under less stressful conditions. One thing I used to do if I was going to be on a demo for any length of time was to make the balance as real as possible. Since a lot of brokers give ...

Demo Forex VS Real Forex

I would first try to find a broker you can trade live with, as you don't always have to be so up front with your age to open demo accounts, but to open a real account to trade live is a different story, as you will need proof and validation of some ...

How do I move forward?

I certainly mean no offense, but personally I think that this type thinking (that everything in trading is to be broken down into nice and neat mathematically derived packages so you don't have to put any thought into it) is what causes so many ...

Risk / Reward - new approach

Well, yeah, pretty much.... 1) One hundred consecutive losses at max stops and max slippage.... 2) Five years of practice before going live.... 3) Never risk more than 1%.... My questions were simplistic: why would you even trade if you thought 100 ...

What the ^&*%% just happened?