Trading risks hidden in probability are often misunderstood in the world of trading probabilities and backtesting. We begin by breaking down the difference between theoretical/statistical probability and contextual/situational probability, focusing on what most traders rely on: theoretical probability. John explains how traders use tools like option Delta to estimate probabilities and why these estimates might […]
probability
Expressing Your Trade
Expressing Your Trade with Technicals and IV Analysis is what we aspire for all traders to reach. This combination is the right recipe to achieving more consistent results with higher profits. Listen in to learn why it is so important. Click here or in the video to get the details! Subscribe: YouTube 00:00 Trade expression 00:55 […]
Solid Return on the S&P 500!
A solid return on the S&P 500 from this option trading demonstration by John Locke where he uses put options to create a broken wing butterfly for a great trade win! This high probability income strategy is traded on the SPX and is called the X4V17. Learn how to trade it! Click here or in […]
Profitable Trading Processes
Profitable trading processes are required to be successful as a trader. In order to be profitable over the long term we need to understand certain technicals like price action, price volatility, Implied Volatility, and real-world probability. Trading is like a riddle to be solved. Once it is solved, you can be successful! Click here or […]