Reducing cost basis with covered calls (August 26, 2014)

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One of the most popular, if not THE most popular options strategies is covered calls. It is probably the easiest strategy to apply and a very effective way to reduce your cost basis and risk on a single position. I do cover this extensively in my free eBook Effective Stock Strategies and Portfolio Management, but […]

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Biotech stock dynamics (Aug 13, 2014)

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I wanted to cover a portion on bio stocks and try to give everyone an idea of how they work and what drives their stock price. Bio stocks present a very interesting opportunity for most active traders and to some investors who don’t mind taking on extra risk in their portfolios. Bio stocks or pharmaceuticals […]

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Market Commentary and Time Frames Re-Visited (Aug 8, 2014)

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The past two weeks have been somewhat of a roller coaster; mostly the part where the roller coaster starts its fall after the long climb. We are about half way to the point of an official correction of 10%. In light of the recent dip in the markets the past 2 weeks I wanted to […]

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Company filings (July 31, 2014)

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Jim Cramer of mad money once said that you should spend at least one hour a week doing research on any company you own. This is actually one of the reasons I don’t diversify much, because 20 companies=20 hours=1 part time job! Part of your 1 hour per week should be spent reading SEC filings; […]

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Follow me on Twitter

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I’m making a serious effort to tweet more. I’m trying to let everyone know what I’m looking and what’s on my watch list for the week. Bouncing off some trade ideas without giving anything away entirely because as you all know I never hand out stock picks. If you’re interested follow @RacerLamp Tweet at me […]

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The importance of good account management (July 10, 2014)

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This is probably one of the most important posts you will ever read on this website. It deals with one very important topic: Account management. Poor account management can make great investments into mediocre ones, and poor investments into absolute nightmares. My revelation/realization of how important account management was came to me in the last […]

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Market Commentary (June 26, 2014)

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My apologies again for not posting in over a month. My fiancé and I just purchased a new home and my time has been tied up dealing with real estate agents, insurance companies and whoever else gets a slice of the home buying pie. These past 2 weeks I have also been actively swing trading […]

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Trading with a full-time job (May 13, 2014)

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Probably the question asked by most would-be traders “Can I day trade with a full time job?” My only answer to this is it depends! It really does depend on what type of full-time job you have. If you have a desk job with easy access to a computer then you have a better chance […]

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Investors Live-Textbook Trading full review (May 8, 2014)

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I sent a quick “Get this now!” post back in January when Nate Michaud had just released his new instructional DVD and I received a massively positive response. I had quite a few members actually purchase his DVD the day I made the post (Good for you), and a few that had questions wanting more […]

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Position hedging (May-05, 2014)

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Today I would like to explain to everyone how I live by my creed “Always hedged, Always prepared”. Specifically, I’m going to touch on the portion of always being hedged. A lot of the terminology I use in this post might not be familiar to you if you are a beginner, so I strongly recommend […]

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