IN THIS ISSUE
Dan Keen
What is Covered Call Writing?
Lee Gettess' Market Sense
Swimming with the Sharks
John and Chuck's Money Management Rules
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DAN KEEN
 
 

Dan Keen is the publisher of a county newspaper in New Jersey and has been trading online for years. Since the 1970's he has written hundreds of articles for national computer magazines, as well as several books on computer programming for TAB Books. He taught computer science at Stockton State College in New Jersey. Mr. Keen has written over a dozen books on science topics for both Sterling Publishing and McGraw-Hill Publishers and has taught workshops in online trading.

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Adam Oliensis 
Andy Chambers
Brian Schad 
Chuck Hughes
Darrell Jobman
Dave Caplan
Don Fishback
Ellie Taft
Gary Wagner
George Angell
George Fontanills
Glenn Neely
Jack Schwager
Jeff Horovitz
Joe Duffy
Jon Najarian
John Weston
Kathy Lien
Ken W. Chow
Larry Connors
Larry Williams
Lawrence McMillan
Lee Gettess
Mark Fisher
Murray Ruggiero
Paul Forchione
Peter McKenna
Ray Frazier
Russell Sands
Scott Krieger
Ted Tesser
Tom DeMark
Tony Catalfamo
Welles Wilder
June 23, 2010     

Inside Trading features Dan Keen this week.  Keen is an expert in covered call writing who provides an explanation of the covered call writing concept.

 

Next, we hear from Lee Gettess as the twenty-year trader tells us what he expects from the stock and bond markets for the coming week.

 

Jon Najarian pens the following article on how important it is to have a knowledgeable broker.

 

Last, Chuck Hughes and John Weston discuss their primary rule in money management.

 
Enjoy!
 
Adrienne LaVigne
TradeWins Publishing

What is Covered Call Writing?
 

By: Dan Keen

 

The following is an excerpt from Dan Keen's

Covered Call Writing: A Low Risk Cash Flow Money Machine 

 

Most traders look for stocks to invest I that they believe will go up in price.  But, wouldn't it be nice if there was a way to make money on a stock if the price went up or just stayed the same?  Wouldn't it be nice to have insurance so that should the stock price drop slightly, you would have some downside protection to reduce loss?  And, wouldn't it be great to be able to buy a good quality stock for the long term, and while you are holding it waiting for capital appreciation over time, you could make extra income from it every month?  Well, there is such a strategy, and it's easy to do.  It's called writing covered calls.

 

Writing covered calls

Lee Gettess' Market Sense
 
Lee Gettess is a top trader who is excited to bring you his new video newsletter. Each week, Lee will share his predictions on what he anticipates from the bond and S&P markets.
 
Swimming with the Sharks
 
By: Jon Najarian
 

The following is an excerpt from Jon Najarian's How I Trade Options

 

 

In our seminars, we encounter a lot of aggressive retail investors, who want to make options their new vocation.  When the bull market was percolating along and almost any reasonable option (or stock) strategy was working, it may have been tempting to chuck your job and become a trader.  Before you give up your day job, it would be prudent to remember you have to walk before you run.  I hear hundreds, perhaps thousands, of stories about folks that made that bold move long before they should have.  Why not hone your skills as a customer before you jump into these shark infested waters?  (The joke about traders goes something like this:  An options trader falls into a shark tank, but emerges unscathed.  Do you know why the sharks didn't eat him?  Professional courtesy.) 

Choosing a broker

John and Chuck's Money Management Rules
 
By: Chuck Hughes 

The following is an excerpt from Chuck Hughes' Market Volatility Profit Secrets

John and I have many years of collective trading experience.  In this article we focus on money management principles that John and I use everyday in managing our trading portfolios.  Practicing sound money management is important for your investing success and is often overlooked in the search for finding profitable trading strategies.

 

Stunning Breakthrough . . .

GUARANTEES YOU'LL WIN ON BETTER THAN 9 OUT OF EVERY 10Covered Call Writing TRADES

. . . While Risking Next To Nothing!

You'll know all your trade probabilities and possibilities in advance! You will know . . . even as you place each trade. . .that it's virtually a sure-thing winner. That you'll win on more than 90% of your trades!

Right now, current market projections show $10,000 will grow to $794,968 by December 2009.

And that's the low-end, conservative profits you can expect. If market conditions are right, your gains will be substantially greater.

Learn More About Covered Call Writing: A Low Risk Cash Flow Money Machine

PLEASE READ.  Past results are not necessarily indicative of future results.  There is a substantial risk of loss trading commodities with or without this or any other advertised product, service or system.  Also hypothetical or simulated performance results have certain inherent limitations.  Unlike an actual performance record, simulated results do not represent actual trading.  Since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.  Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.  No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.