BetterTrades / Long Term Short Term Instructor Markay Latimer
BetterTrades / Long Term Short
Term instructor
Markay Latimer has written
several trading articles and tutorials at BetterTrades / Long Term Short Term including "The Importance
of the Price Graph", "Earnings Opportunities with Strangles", and "Trades that Will
Pay for Your Holidays". The following information on this page is dervied from the
previously mentioned articles.
If you use a proven system of technical analysis to time your tables trading stocks
and options can be done profitablly and easy. First, your system should analyze
the price graph, then confirm what you see in the price graph with a few reliable
technical indicators. You then have a trade when the price graph and indicators
are in agreement. If you would like to the ability to successfully time your trades
then you must understand how to read price graphs. Using a systematic approach to
technical analysis will make trading profitable!
Some problems arise when earnings announcements take place because traders often
overreact. The overreaction usually takes the form of an unusual amount of buying
or selling pressure. Most earnings are announced after the market has closed, therefore
building buying or selling pressure up overnight and the stronger the pressure,
the more the stock will gap. The strangle is the safest way to make money over an
earnings announcement. You will want to stick to some simple rules to maximize your
profits and use the strangle strategy on the most volatile stocks and keep the cost
of the trade to a minimum by buying a very small amount of time. Then, use intra-day
charts to remain in the trade as long as it is going in your direction or sell the
profitable option at the open.
Find and trade retail stocks that will see the biggest benefit from holiday shoppers
and you can pay for your holiday gifts, but not all retail stocks are worth trading.
The retail stocks you want to trade are those with enough buying interest and volume.
After creating a watch list of stocks based on my system, apply my technical analysis
trading system to determine when the best buying opportunities present themselves.
You can try this easy way to find the strongest retail stocks to trade and while
you do your holiday shopping you can smile knowing your trades are paying for your
gifts!
