Feb
10
Forex Graduate Call Notes 2-10-15: Importance of Stops
Enough said? This daily chart of the EURCHF shows the dramatic drop that occurred on the 15th of January when the Swiss Bank decided to let the EUR drop lower than its predetermined low of 1.2000 Swiss Francs. From the high to the low of the day represented a 2359.6 pip drop. If you were long on this with 1 standard lot, you would have lost over $23,000 in one day. That would wipe out many traders’ accounts. Although this […]
Feb
5
Protected: Stock Graduate Call 2-5-15: Calendar Spread
There is no excerpt because this is a protected post.
Feb
5
Stock Graduate Call Notes 2-5-15: Calendar Spread
The definition of a calendar spread is buying and selling calls or buying and selling puts at the same strike but different expirations. The strike price that you buy will have more time than the strike price that you sell. The reason for doing a calendar spread is to reduce the cost of the option that you buy. This type of trade takes advantage of time decay. The sold option is going to offset the cost of the option you buy, thus reducing your risk. The net amount of the […]
Feb
3
Protected: Forex Graduate Call 2-3-15: Open Forum
There is no excerpt because this is a protected post.