Jan 30, 2014

Trading on Opening Bell - $100 Profit in 4 Minutes

Well today is GOOG earnings day after market close, but I did a little trading on the opening bell with my favorite stock for options trading. That is AAPL. This morning it opened up 1%, but the steam started to run out quick as the sellers moved in. It was an awesome swing trade that followed the 3ema pattern perfectly.

Jan 29, 2014

Who is Going To Win: Bulls or Bears

Well as the Fed is tapering, the U.S. major markets are starting to come down off their all-time highs. This is a natural correction and everybody suspected it would happen eventually. However, now there is a fight for a bounce back up to higher levels or continued dropping. Some call this the dead cat bounce. Right now the DOW and SPX are about to see if there are some real buyers here buying the dip or more investors taking profits off the highs.

Jan 27, 2014

AAPL Strangle on Earnings Pays Off and some Binary Signals

Well what a great day. I started off with a successful binary option signal (high/low put) on AAPL for my daily end of day trade. Then with 45 minutes left until the markets closed I went in on an AAPL strangle. The reason why is because I thought there would be at least a 7% move over night. So, using mini-stock options my trades were placed.

Jan 25, 2014

CySEC Removing Bonus Feature with Regulated Binary Option Brokers

Well this is great news. The bonus that some binary option brokers offer is going to be removed from operation for platforms regulated by the CySEC. The reason why is because usually when you take a bonus, it requires you to make some sort of trading volume requirement before withdrawal. The CySEC states that anything forcing a trader to trade or holds client funds until this trading volume is complete does not comply with regulations.

Jan 24, 2014

Another Sell Day for Traders - My Profit - $287

Good morning traders.  It looks like we are in for another day in the red.  There are a few factors affecting the markets.  It includes the fear of earnings miss, poor economic outlook in China, and government building holdups in the Ukraine.  If you are a trader, it is a good day to get short.  Investors just need to hold on.  Here are my important support and resistance levels for a few stocks and indices.

Jan 23, 2014

It's a Sell Day for U.S. Markets

The markets are selling off today.  It is mostly because of weak economic data.  Looking at major stocks and indices, it is time to get short.  The DOW has come down to a support level I called the other day, 16,200’s.  It doesn’t seem like there will be much of a bounce because of the economic outlook.  So today it is all about finding good tops in order to enter put options using binary option of derivatives.

Jan 22, 2014

High/Low Trading - Jan. 22, 2014

Good morning. It's currently 10:30am est and we are watching the U.S. markets some more today. Additionally, I will have some support/resistance analysis for some forex traders as well. Looking at the DOW, SPX, AAPL, and GOOG it seems that everything is pretty much in the middle for now so no good high/low entries can be made. However, I will let you know what prices are important for the rest of the trading day so you can try and profit with high/low options.

Jan 21, 2014

Rules for Trading End of Day Binary Options

I thought of some pretty good rules to use if you are going to try and trade binary options on a daily basis by using an end of day expiry. This is based on monitoring the markets on a daily basis for years and these are the rules I have come up with in order to generate accurate signals about direction. The name of the game is trends and probability.

Jan 19, 2014

Binary Option Plays for Tuesday Jan. 21, 2014

I forgot we had a stock holiday so the U.S. markets are not open on Martin Luther King day. This analysis still applies to Tuesday.

Alright looks like we are going into some sideways movement in some of the major U.S. stocks and indices starting tomorrow (Tuesday Jan. 21, 2014). If you are looking at key pricing levels to setup some binary option high/low trading, here is my analysis for you...

Jan 17, 2014

Calling GOOG Top for Monthly Options Play

Alright I am looking at GOOG stock and it is sending me strong signs of selling off going into January earnings (January 30th). Today is only the 17 and I would be looking to sell at the money strike call options that expiry in February or buy put options that expiry monthly in February.

Jan 16, 2014

Big Forex Moves Going Into End of Week and Technical Analysis (SPX, EUR/USD, USD/JPY)

We are going into the final two days of the trading week. It's currently 9:10am and you can see that the news regarding U.S. unemployment claims has got the eur/usd recovering all of its losses yesterday and the usd/jpy giving back all of its gains. This shows you how a scalp trader would be much more profitable than a position trader. The market just goes sideways too much.

Jan 15, 2014

Earnings Season Going Strong

Well Bank of America (BAC) has started the morning off with some strong earnings reports (up 3% pre-market). This is putting some heavy buy signals up as pre-market trading took AAPL up 1.5%. As far as currencies go, eur/usd has dropped heavily since 1a.m. and the usd/jpy is steadily rising. That shows strong dollar strength.

Jan 14, 2014

New Focus

Well I am going to move to a new focus for this blog. It is going to switch from focusing on my trades to being more of a daily trader resource. The main reason why is because I have had a string of bad luck trading options and need to focus on something else. My analysis seems to be sound, but for some reason it is hard for me to trust myself.

Jan 11, 2014

Weekly AAPL Analysis for Naked Options Trading

Well we are looking at AAPL stock this week. Now, the main reason why I like naked options on this specific stock is because of how liquid the market is. If you look at the bid/ask contract offers on a daily basis, it's not rare to see 40-100 contracts ready to be filled at any time during the trading day. That is a lot of money for most people.

Jan 10, 2014

Live Trading - Weekly AAPL Options on Friday - $137 Profit

Well look at that. My AAPL short bias is playing really well here. If I would have held onto my positions from Wednesday, things would be looking really nice with over $1,000 in profit. That was not the case though and I managed to get a smaller profit in on the morning bell today with AAPL going straight down the tubes.

Jan 8, 2014

Trading AAPL Naked Options - First Trade of 2014

For trading day: January 8, 2013

Well I am trying to get back to the trading game with naked options (meaning I don't own any of the underlying stock). It's a little slower than binary options and there are heavier fees, but if you can get on the right side of a trend, the potential profits are pretty large. I am starting with a smaller balance and just the fees to enter and exit a trade right now are 5% of balance. This is not even including the spread that exists.

Jan 6, 2014

Trading Binaries / Stock Options with 70% Success Strategy

Many of the long-term successful stock option traders like to identify good opportunities to collect premium. Basically, that means they are going short on a call or put option and make max profit if the value of the option goes down.

Jan 4, 2014

Hello to Trading

Ok traders, I am coming back. This is the update of my trading plan after having this big trading loss this past week.

I lost a lot of money and had decided to stop doing binary options for a living. However, some things have turned for the better financially and I am going to get back into it this coming up week with $800. The plan is to just keep trading small and withdraw my profits every day.

Jan 2, 2014

December 2013 Passive Income Report

Well what a month. I went through a lot of stuff. Some of it was good and some of it was really bad, but here we go with another month of trying to make a living online...