Yesterday, I received an email from a friend with a plaintive questions: what is Bitcoin? She is hearing about it and is intrigued! Bitcoin makes an appearance in Day Trading For Dummies, I’ve done work on it for some clients, and I even have blog posts on it. The fact that all of a sudden… [Read More]
Blog
Category: Day Trading
Option trading basics
My latest book is the Idiot’s Guides: Options Trading. Like so many pursuits, trading is something that requires practice and refinement. Options trading is as much about hedging as it is about speculation. The process matters. As much as you want to jump in and start making options work for you, you’re better off taking… [Read More]
Money and emotion are frenemies
Finance assumes that people are rational. The problem is, they are not. Money and emotion are tied together, and not always in good ways. Money and emotion are frenemies. That’s the fundamental issue in financial planning. Very few people view money as a tool. So then, what is it? Is it security? Freedom? A game?… [Read More]
Listen to my appearance on the Benzinga pre-market show last week
Last week, I appeared on the Benzinga pre-market show. It’s a service for day traders that gives them some thoughts and information for the day. I talked, naturally, about Day Trading For Dummies as well as the euro, retail stocks, and my upcoming options trading book.
A brief summary of the Greeks for options
I’m working on a book about options trading while also doing the blogathon, possibly because I am insane, but the good news is that there is overlap. Today, it’s a summary of the Greeks for options. Options traders use Greek letters to explain different concepts because Greek letters are used to represent variables in mathematics…. [Read More]
