Traders who strongly believe the price of an underlying asset will change significantly in the near future but are unsure about the direction of the move can trade combinations of... Read more
The delta of a stock is always 1.00 because delta is the variance of movement of a stock versus an option contract. The delta of an option is the magnitude of the move in the under... Read more
The post is a sample of a chapter from my book The Ultimate Guide to Chart Patterns. Bullish Flag Pattern Chart Facts: The bullish flag is a continuation pattern of the previous up... Read more
Trending markets are ones that go in one primary direction for a sustained period of time. Here are the signals for an up trending market: The chart makes higher highs and higher... Read more
Since we all have limited time, energy and resources every decision we make comes with a trade off. Even procrastinating, making no decision and doing nothing is a trade off versus... Read more
“Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes, the ones who see things differently-they’re not fond of rules. You... Read more
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the ma... Read more
The current Charlie Munger new worth in 2021 is $2.2 billion and he currently ranks #1580 on Forbes Billionaires list. Charlie Munger at 97, remains the famed vice chairman of Ber... Read more
This is a guest post by @PattensWizard on Twitter. Technical analysis is the study of prices over time and the analysis of chart patterns formed by price movements. So, a relevan... Read more
The law of small numbers is a fallacy that leads people to believe that a small sample size of data will be enough to resemble the normal data of the whole and determine the probab... Read more
