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If you find yourself developing a trading system or style, or are looking to improve on your own, look to these lessons given by our favorite foul mouthed chef.

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General Market News

If You Think Price Action Is Boring…

Posted by steveplace on December 16th, 2009

Even with the Fed Meeting relased this afternoon, we've seen little to no movement going into the end of the year. What can we expect for stocks into 2010?

Tickers:
N/A
Tags:
General Market News

Check Out the Large Option Trade in MCO

Posted by steveplace on December 15th, 2009

So a trader came out and bet 3.4MM in the MCO options market-- see what they were thinking in this post.

Tickers:
MCO
Tags:
, trading, options, MCO

BBY Short Term Analysis

Posted by steveplace on December 15th, 2009

With BBY reporting earnings this morning, they faced a steep selloff into the afternoon. I examined a potential buy point at 41 and what we needed to see for that level to hold.

How to Trade Options on Leveraged ETFs

Posted by steveplace on December 14th, 2009

A lot of people have lost money trying to use leveraged etfs as a trading vehicle. I show you a better way to trade them so you can consistently get returns.

Tickers:
FAS | FAZ | IYF | IYR | SKF | UYG | XLF
Tags:
, xlf, SKF, UYG, IYR, IYF, FAS, FAZ

Check Out the Large Option Trade in MCO

Posted by steveplace on December 14th, 2009

With MCO (Moody's) ripping higher in the intermediate term, a large player went to the options market and made a multi-million dollar bet on the name. See what happened in the tape at IWO.

Tickers:
MCO
Tags:
, MCO

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