Observations from a veteran broker on The Makeup of Successful Traders With Matt Zimberg Matt Zimberg is the founder of Optimus Futures, a boutique brokerage firm. He been involved with trading since he was in his early 20s. Even though…
One of the most difficult tasks in trading is picking the turns in the market. Catching the exact end of a rocket rally or that falling price knife is an almost impossible task. A high priced stock, commodity or currency…
Each week, two major oil reports are released, the American Petroleum Institute (API) on Tuesday and the US Department of Energy EIA (Energy Information Administration) weekly petroleum status report on Wednesday mornings. These findings are closely watched as they report fundamental facts…
Most market money is not made picking price bottoms or tops, but taking a piece out of established trends. It’s an expensive lesson to learn if you think that a stock can’t go any lower. A sharp price drop is attractive…
While trading or investing is capitalism at its finest, there are expenses that impact returns. The one hard cost, though much lower than in the past, is brokerage commission. Who you choose to trade needs to be more than…
There is so much white noise blaring from so many financial television channels that it’s hard to tell which one of the many tidbits of data is actually useful. Well lucky for you, there’s an iPad app to help distill…
The backspread is one of the more mysterious option strategies you can use to give you your desired exposure. While this strategy may seem confusing at first, once broken down, it’s simply the sale of a call spread with the…
Trading Places, a movie about a commodities trader and a homeless man switching places, was one of the first VHS tapes that I personally owned (says a lot about me I’m sure) and had a major impact on my formative…
