The relative strength indicator is one of the most commonly used technical analysis tools available. Unfortunately it is also one of the most misused. The RSI was a tool developed by famed market technician Welles Wilder during the 1970’s as a way to determine whether a market was overbought or oversold. The formula is rather [...]
These days everybody wants to know how to make the money back that they lost in the stock market. Clearly the answer isn’t to trust a financial adviser because they are likely the person who lost your money to begin with. Seventy-percent of mutual funds under perform the S&P 500 and over the last two [...]
Paper trading using one of the many virtual trading systems provided by option brokers, and now CBOE, is so important if you have never traded options. This is especially important trading credit spreads, like Bull Puts and Bear Calls and ultimately Iron Condors. These are special strategy trades that must that must be fully understood [...]
If you are like most people, in these times of economic uncertainty you are looking for a way to earn extra money, that doesn’t take a lot of time, preferably from home and that doesn’t require a lot of capital to get started. If you fall into this category then options trading might be just [...]