Hey Folks, I hope all of you are enjoying the weekend.

Please find below our update for the market’s trading action this past week….I have included both the Blog and Members Only update for all of you to view here so I hope you enjoy it.

And as a reminder for our Pre-Market Traders, our next session is scheduled before market open this coming Tuesday at 7:30 AM….for those of you that would like to join in on all the fun just go over to our Home page on this web site and click on the Services Page to sign up…

Let the craziness continue!

Trade Smart — Not Often

hpb

Folks, as you saw in my previous post, I’m going to hold a special on-line session for all of our current members.  We’ll discuss proper management of the short leg as part of an Option Spread position.  I’ve gotten a number of questions on this and I feel its important you learn proper techniques to help improve your multi-leg position profits.  And as many of you already know, especially those of you trading either Credit Spreads, or multi-leg positions where you have both Longs and Shorts (we are referring to similar ratios here) the ability to control your shorts is most important.  So, I hope to have this session scheduled (check for the meeting invite shortly) within the coming week.  Also, please note it will be Password protected which you will need in order to enter the session….if you are a non-member of our Group and would like to attend this session, then send me an email or inquiry on this web site.  If you miss the session then don’t worry as it will be posted in our Learning Center Library within two days for viewing at your convenience.

Now, on another note, I am in the process of updating my entire hardware systems this weekend therefore I do not have access to my typical charting packages from Vantage Point, E-Signal, OptionVue and Thinkorswim.  I’m planning on loading those applications today/tomorrow and then will load the necessary files that keep all my data and settings current.  As most of you know by now, I am not a technician so I expect some “glitches” along the way, so please be patience as I go thru this painful process (at least for me!).   This also means I will not be able to post a Weekly Market Summary report for this weekend so I apologize for any inconvenience this may cause.

Our Pre-Market Session will not be missed and I will see all of you in our session this coming Tuesday at 7:30 AM.

Trade Smart — Not Often

hpb

Hello everyone, by now you’re aware we have canceled today’s Monthly Trader User Group session due to heavy snow….I tried to wait as long as possible hoping the snow forecast would prove wrong, but currently we’re under heavy travel restrictions (at least in my area) so I decided to cancel our Monthly Saturday Session today in Connecticut….please note that our next Monthly Session will not be held until after February’s Option Expiration period or Saturday February 18^th….the topic for that Session will be Straddles and Strangles, an Option Volatility Strategy.

However, I am happy to announce a special on-line webinar session for ALL our current MEMBERS very soon…it will be in the evening around 7 PM and will be recorded for all of you that cannot make it….

The topic of this special webinar will be how to manage your short positions when you’re holding an option spread position.  This was the scheduled topic for today’s canceled session and since I get questions all the time on how to properly manage your short option contracts then I think this webinar will be very helpful for everyone….

So stay tuned for the upcoming invite…it will be password restricted and only viewable by ALL TUG MEMBERS which includes ALL of our current Annual TUG Members; our PMT Members and our One on One Coaching Members…

If you are a current Blog Subscriber or a Meetup.com Subscriber but have not joined our Trader User Group yet but are interested in attending this special session then please respond to this email and I will set you up for a minor attendance charge.

Please enjoy the reminder of our weekend, drive safely and the Pro Football playoffs.

Hey Folks, I hope all o f you are enjoying your weekend….we’re now into the New Trading Year and of course Headline Risks remain.

Please find below our update for the market’s trading action this past week….for all of our Members, you will find the Members update posted on our Members Home page underneath 2012 located on the right side of the page.  We will revert back to putting all of our main Member weekly updates on the Main Members home page the following week.

And as a reminder for our Pre-Market Traders, our next session is scheduled before market open this coming Tuesday at 7:30 AM….for those of you that would like to join in on all the fun just go over to our Home page on this web site and click on the Services Page to sign up…

Let the craziness continue!

Trade Smart — Not Often

hpb

Hey Folks, I hope all o f you are enjoyed the Holiday Season……now we’re back into action with our first weekly update for the New Year!

Please find below our update for the market’s trading action this past week….I also thought I would led off this first update this year with the complete video version so folks can see some of the securities we’re covering…enjoy this expanded update.

And as a reminder for our Pre-Market Traders, our next session is scheduled before market open this coming Tuesday at 7:30 AM….for those of you that would like to join in on all the fun just go over to our Home page on this web site and click on the Services Page to sign up…I also highlighted our Private forum for you in this weekly video update…

Let the craziness continue!

Trade Smart — Not Often

hpb