Archive for May, 2009

• Butterfly Hedging
  stevenplace, May 5th, 2009 at 9:22 am, Comments: 0

  We’re starting to see some more weakness come into the small cap, momentum driven names. And while we’ve been in a great trend, we can’t deny the distinct possibility of a pullback in the near term. So while we don’t know the outcome of price, we can at least hedge for it. One of the [...]

• Fading the Momentum
  stevenplace, May 4th, 2009 at 11:19 am, Comments: 0

  Reading the title you might think that this is going to be a bearish blog post, but it’s not; we’re going to be on a different axis here. Instead of thinking bull-bear (direction), think trend-range (momentum). Right now we’re seeing a lot of momentum– emotionally based trading is coming into the market so as to [...]

• Developing a Trading Journal
  stevenplace, May 2nd, 2009 at 11:37 am, Comments: 0

  This post has been long overdue, but after going through the first part of Tickerville’s Bootcamp (great content btw) I felt compelled to go ahead and release it.
  The file is a MSWord template that you can use to properly record the trades you make. It’s primarily geared towards option traders, but you can modify the [...]