Join TJ this week to hear about the trades he placed in C and AMZN in the live trading room. The market looked bearish and the financial sector has been in a down trend recently. I wanted to take advantage of the decline in the market by trading a bear call spread in AMZN, Amazon and by buying a put in C, Citigroup. Both of the trades paid of as the market pushed lower.
Join Sarah Potter and TJ to hear this latest podcast. In this episode we discuss trading IPO’s and specific ways we are looking at trading recent stocks to go public like LYFT and BYND.
Sarah has been particularly interested in buying BYND stock, especially after the stock rose about $65.00. BYND is a stock that is still new to the market, and hence we are still learning and watching to see how the options expire, how the much the stock moves within a day and the profitability of the stock company.
TJ is interested in trading LYFT and explains that he believes this stock will continue to rise as it is a business that is well engrained into our lifestyles. Find out more about what to look for and how to assess IPOs.
The new Futures Micro EMinis launched this week. The new futures contracts are one tenth the size of the standard futures contract. Margin requirements are also lower than the standard contracts.
The new contracts will offer a way to trade the US Equity Indexes with less capital required.
On this episode of the SCT Podcast Sarah and TJ discuss how they will be incorporating the new contracts in to their trading strategy and what they see as some of the benefits of the new contracts.
The stock market is made to seem super complicated but the reality is that everyone can learn how it works and make money trading for them selves.
March 8 is International Women's day and I would like to see some of the barriers to trading broken down and more women feeling like they can trade and can understand the market.
In this podcast Sarah talks about how you can learn and understand the stock market and how to trade options. Financial knowledge should be inclusive and available to everyone. Whether you want to trade for your self, or just want to have a better understanding of what your financial adviser is saying, we can show you where to find the information you need.
As a trader you have most likely heard the saying "Buy the Dip", what happens if a stock makes a large move down, should you still buy, and how far is too far?
In this episode of the SCT Podcast Sarah and TJ will discus how to tell the difference between when you should buy the dip and when a stock is just too far gone.
There are many examples of stocks that have had a large move down and price has remained low for years after the move. How can you tell which stocks will bounce back and which ones are down for the count.
Tune in to hear some strategies you can implement in your trading today.
Chipotle had a strong run until their food safety issues took the stock from over $700 to a low of around $250.
Chipotle seems to have put these issues behind them, and the stock price has rebounded. With a lift after earnings and analyst upgrade is it time to start looking at CMG again?
In this episode of the SCT Podcast TJ and Sarah from youcantrade.com will discuss if they are trading CMG and if there are any better alternatives in the restaurant sector.
Earnings season is here and the results are mixed. Over the next two weeks most of the companies will report earnings for the end of 2018.
Facebook, Apple, Tesla, Amazon, Alphabet just to name a few of the big names that have just reported or will report in a few days.
In this episode of the SCT Podcast we discuss how the market has reacted to earnings and some strategies you can use as an options and stock trader to make sure that you are on the right side of the trade.
Earnings season is volatile and there are steps you can take as a trader to maker sure that you are minimizing your risk.
Media and social media has a tremendous effect on the markets. It also has and effect on the mind of a trader and how they place their trades.
In this episode of the SCT Podcast, Sarah will discuss how the constant messaging from the media can have a negative effect on your trading and some strategies to tune out the noise. The market is very good at showing traders where it will move next, as a trader you have to watch for the clues and use evidence to get the edge in the market.
In this weeks podcast, we discuss the S&P 500 chart and where we think the market support and resistance is this week.
We had discussed after the correction on Dec 24th, that we believed that the market would make small daily moves to the upside. This premise has been proven as the market has made daily small moves up over the last few weeks. We feel that this will continue as long as the US political landscape remains the same as it is now. If there are any changes to the ongoing Government Shutdown, US China Trade dispute or other notable headlines the market will in our view see a larger move.
Earnings season is about to begin and it will set the tone for the remainder of 2019. Many companies have hinted that earnings and revenue growth will be less than last quarter. The market seems to have priced this in thus far. However it is our belief that if companies release numbers that are even lower than their initial guidance then the market will not be kind to them and they will see larger than anticipated price adjustments to the down side.
The market is showing signs of a recovery, however this is not a well established or confident rally, that could end any day.
The S&P500 continues to show the volatility that we saw at the end of December. The market has pushed up from the low we saw at the end of December. There is talk in the media about how this is a good time to start buying stocks after the pull back and to start building a position now that the market has pulled back.
In this episode of the SCT Podcast, TJ and Sarah will discuss if they think the market has made a bottom and if it is time to start buying.
There are many conflicting signals that the market is showing at the bottom. The S&P500 is stuck under resistance on the weekly chart, but has managed to break above resistance on the daily chart. There are continuing issues, such as Trade, The US Government shutdown and others that continue to weigh heavily on the market.
Tune in to hear if it really is the best time to start buying stocks again.
2019 is here what are your Trading Resolutions? In this episode of the SCT Podcast Sarah and TJ discuss what their resolutions are for 2019.
Apple (AAPL) stock has moved down from previous highs and is now trading around $170. Is this the time to buy some AAPL? Call options allow a trader to profit if a stock like Apple moves up. In this episode of the SCT Podcast, we discuss if now is a good time to buy call options or shares in AAPL.
Price is at attractive levels but there are many bearish factors that could push price down lower.
2018 is coming to a close, and it has been a year that re introduced Volatility to our trading vocabulary. From all time new highs in the S&P500 to 90 point one day drops, the theme that emerged was that we could never trust the current move that the market was making.
How are we going to close out December 2018? Listen to the SCT Podcast as TJ discusses how we believe that we will end the year with even more volatility. The year end looked like it would quiet down and the market would maintain current levels until the end of the year. However China trade discussions, Brexit, FOMC and Muller have all reared their head over the last few days, looking to add more volatility in to the end of the year.
Expiry is an important decision for any options trade. Picking the correct expiry can make the difference between making money in an options trade and not making money in the trade.
In this episode of the SCT Podcast we discuss how to pick the best expiry for your options strategies. We detail when to pick a shorter expiry and when to extend the time to expiry.
When trading you will lose money. Each trader will deal with this differently. While each trader is unique and will handle the situation in their own way, there are some trips and strategies that we can use as traders to manage the losses and move on to the next profitable trade.
In this episode of the SCT Podcast, we will discuss some strategies for managing losses when trading, and discuss something that you should not ever do as a trader after a loss.
The markets are always presenting new and exciting ideas to traders. There is always another trade or a new stock that is making all time highs or lows.
How can you as a trader filter out the market noise and maintain your focus on the strategies that are making you money.
It is all too easy to be distracted by news or a surprise move in a stock. In this podcast we discuss how we keep our eyes on the ball and stick to our proven options trading strategies.
Implied volatility has been on investors minds lately, as the markets have seen an increase in the amount they are moving each day. This increase in volatility has spilled over to individual stocks increasing the Implied Volatility.
Implied Volatility can be traded directly, or traders can take advantage of certain options strategies that benefit from increasing and high volatility.
In this episode of the SCT Podcast we discuss the strategies and tools we use to trade Implied Volatility.
There are many ways to pick stocks to trade. From fundamental analysis to technical analysis, to gut feel. Each investor will have a set of criteria they use to pick the stocks they trade.
Some traders like to invest in the stocks of the company's products they really like. if you like Ford cars then you would buy Ford stock.
In this episode of the podcast we discuss how we choose stocks to invest in and if we buy stocks and options based on the products we really like.
Shecantrade has launched YouCanTrade.com, the new site is active and will grow to provide more trading related products for its users. SheCanTrade is not going anywhere, we are just extending our brand so we can offer even more products to our valued customers in the future.
Check back often for more updates, courses and great trading related products.
The market can have unexpected moves at any time. What do you do as an investor after a large market correction or sell off like we just witnessed?
Volatility increases and with it your stress level as an investor and trader. The increase in volatility can be a benefit to traders. The increase in volatility increases the premium in options and can increase the price that options can be sold for.
Corrections allow new levels of support and resistance to be made, think of a correction like wiping off a chalkboard, preparing it for the next great idea to be written. This means opportunity for investors and traders, with new ranges and increased volatility corrections can open up a word of opportunity if you are patient and listen to the market's clues.
In this episode of the SCT podcast we discuss what to do after a market correction and how to benefit from the "reset".
How do you start your trading day? Do you watch the open or check the markets mid morning? Every trader has a daily plan that they follow, in this episode of the SCT Podcast Sarah and TJ share how they set up their trading days and the strategies they use to tell how the market is going to move that day.
I have been coaching a number of new traders over the last few months, the 5 week beginner options program has been very popular. As part of this program, I have two one on one coaching sessions with each participant. Its wonderful to work with individuals based on their needs because it also gives insights as to where traders are struggling. Here are three things that I wish everyone would remember about trading:
1. The Tortoise and the Hare have some important lessons for all traders.
Whether you are new to trading, or have been trading for years, it is important to remember the key skill of being patient, and realising that trading is about the long game. Only a minute amount of extremely lucky people will gamble with their money and hit it rich on the first go (this is not trading, this is gambling). Most will need to spend time trading in the markets in order to gain mastery as such, you need to trade more like the tortoise, and not the Hare. While you may want to go all in, and place big trades looking for big wins, most often the trader trying to sprint to the finish will only end up blowing their account up. The trader with smaller, achievable goals, who focuses on trading many times with attainable profit targets, and cashing in the profits as you go, will often be the most successful.
2. Don’t Second Guess Yourself
While I agree that everyone needs to create goals and look to take the most profit out of the market as they can, if you are always going back and second guessing your trades, you are probably making yourself more unsure of yourself. Once you have taken profits in a trade, don’t go back an hour later to see what the stock did only to say to yourself; “man I left profit on the table, I should have held the trade to make more money”. When you make decisions to exit a trade, you do it in the moment, in real time, so it is important to make the decision making process as routine as possible. Try not to let your emotions get in the way of making the decisions for you because the worst case scenario is that you hold a trade too long because you are second guessing yourself…and you lose the profit you had. Instead, write down the evidence, the reasons why you are getting out the of trade at the time. This process will help to ensure you are making rational decisions about your trading.
3. Don’t make you trading goals 100%
Nobody should try to get 100% of your trades right, this is unrealistic. I can’t tell you how many people think that it is about perfection, but think about it, how many other things in life do you do that you do at 100% all of the time?...be honest with yourself…
Setting achievable goals for yourself will build your confidence and help you focus on your strengths in trading. Create trading goals that are focused on keeping losing trades small, and finding many achievable winners.
Futures contracts are typically what traders think of when the hear the term day trading. Options contracts can be day traded just like futures contracts or stocks. There are many options strategies that work well for day trading.
In this episode of the SCT Podcast, we discuss out favorite ways to day trade futures, we talk about the best days of the week to day trade and the strategies and stocks that work best.
As the seasons move from summer in to fall, the markets are also seeing a transition. As a trader, you want to be able to recognise the signals to ensure you are adjusting your trades according to how the market is moving. The S&P is no different. This past summer was particularly interesting as there was more volatility on some days with the volatility drying up the following week. We had days with lots of trade entries, followed by days without trades at all. The market which saw highs of 2900 in January with a hard sell off, and moved back to the 2900 this summer. Now that the markets are coming off the highs with a controlled move, it looks like the fall is setting up for some great trades ahead.
One stock that has been headlining is AMZN with its projections to be a 3 trillion dollar company. While everyone is discussing this stock Im not trading it. Typically, this is a stock that look to trade every week, it is usually a great candidate for a credit spread on a weekly basis. The stock trends nicely which allows for strong levels of support or resistance, providing ideal levels to trade based on credit. But, for now, as the stock is printed on most media outlets, I will be waiting to trade it.
Should you hold both long and short positions in your account at the same time? If the market is rallying should you look to buy puts on stocks that are moving lower, or ignore these stocks in favor of stocks that are moving up with the market.
In this episode of the SCT Podcast we will discuss whether you should play both sides of the market just to be safe, or if the better strategy is to always trade with the market momentum and direction.