Written and contributed by Cynthia Sarver, Successful Options Trader of the Month When I first started talking to other people about growing carnivorous plants, I found out that it was almost considered a rite of passage to have bought – and subsequently killed – a Venus flytrap. Everyone seemed to start with a flytrap and […]
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Time is Money
Written and contributed by Cynthia Sarver, Successful Options Trader of the Month I’m amazed by day traders. That ability to sit in front of their monitors for hours on end, watching every blip and tick of the market is something that I just don’t understand. (Do they blink? When do they eat? Do they even […]
The Beauty of Planned Capital
“I made 100% every week this year for a total return of over 5,000%!” I actually saw that claim made by a trader. Of course the trick was how he was calculating profit – it was simply based upon how much of the initial credit he retained. So, for instance, if he sold a […]
So, what do you do for a living?
“I’m just going to say one word…plastics. There’s a great future in plastics.” Quote from the movie, The Graduate As any full time trader knows or as any new trader will soon discover, there will come a time when you will be asked what you do for a living. I wish it were as easy as […]
Trading Truths
When I first started trading complex options, I actually had great success. Eventually, of course, the market handed me my first loss which I dutifully reviewed with a senior trader. The response I got was that it was just a losing trade, that it happens, and I should keep doing what I’d been doing. That […]
