Todays Trader’s Blog guest is Trader Travis, owner of Learn-Stock-Options-Trading.com. Like many of you, Travis spent a good bit of time looking for a trading system that fit his style and mindset that could supplement his income. During his search, Travis stumbled onto MarketClub, and has developed an interesting way to incorporate it into his trading style. We think you will really enjoy this article regarding his trading experiences. Be sure to comment with any questions for Travis, or add your own MarketClub tips and tricks in our comments section.
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I hope you've enjoyed the Learning Options series that MarketClub has provided for you.
Today I wanted to share my personal experiences with using MarketClub as an options trader. In my humble opinion, options trading success with MarketClub comes down to 3 primary things:
• Trade in the same direction of the general market (Dow, Nasdaq, and S&P)
• Only trade when the stock and the general market both have strong trends either up or down
• Then sit back and allow the trade triangles to guide your entry and exit points
Seems rather simple and common sense, but you'd be surprised how many of us don't use common sense in trading. Now the Silver ETF seems to be its own market and seems to play by its own set of rules so here is an example of how a real trade played out… Continue reading "Options Trading Success With MarketClub"