Showing posts with label Options. Show all posts
Showing posts with label Options. Show all posts

Sunday, June 15, 2008

7 Deadly Sins in Options Trading, Free Report, Candlestick Secrets Download

7 Deadly Sins in Options Trading
- Free Report from Options University
- You will need an email account for download

Bill Johnson's Options 101 Free Chapter PDF
- Free Chapter
- Direct download, no need email

Candlestick Secrets
- 82 Page 'Candlestick Secrets' Manual in PDF
- You will need an email account for download

The Option Advantage PDF

Volcone Analyzer Pro - From Options University

I was recently introduced an Amazing New Software from Options University that Instantly Tells us If An Option is 'Cheap' or 'Expensive' and Gives us an Advantage in the Options Markets, By Telling us Precisely What Options to Buy and Sell (and When)!"

Wow...the software will be able to tell us Whether The Option we're About to Buy is Under or Over-Priced?!

According to Options University, the New Volcone Analyzer PRO V. 2.0 have the following benefits :-

* Simple and easy to use.
* Saves you money.
* Saves you time.
* Makes you money.
* Gives you an edge.

Just Key in our Favorite Stock Symbol, Click a Few Buttons, and Within Seconds Volcone Graph is Calculated and Created in Real-Time Right Before our Eyes!

Check it out here ! from Options University
It is priced at USD197.
Happy Hunting!

Options Free Analysis Tools and Links

The Option Strategist provide the following free tools

Analysis Tools - To help you analyze data and trading information.

Calculators: three kinds to choose from
Online Data: volatility, wrap symbols & Xtreme Report
Earnings and Quotes
Put-Call Ratios: tutorial

Learning Tools - for long term education

Q&A With MAC - answers to your questions by Mr. McMillan
The Updater - our free email newsletter
Schedule - Mr. McMillan's seminar and speaking schedule
Links - to other trading sites

Collections of Investment Links
http://www.stockwerld.com/tools.htm

Friday, May 30, 2008

Monthly Income with Options - Write Covered Calls

Writing Covered Calls

http://www.option-trading-guide.com/coveredcalls.html

From looking at Straddles, which thrive on volatility, we now take a look at a strategy
that's much more conservative. It's so conservative that some retirement funds allow this strategy in their portfolio.


Writing Covered Calls are a "moderate" investor's favourite strategy. It works particularly
well when the stock in question doesn't move dramatically up or down, but rather just trends sideways.

Basically, it works for stocks that are deemed too "boring" for option plays.

***** Writing Covered Calls is an extremely conservative strategy that works best on stocks that don't move much in price. ******

So far, we've only considered buying options. For writing Covered Calls, we need to take a look at the opposite side of that transaction, which is selling stock options . The term "writing" refers
to the act of selling stock options. So when we write covered calls, we are actually selling a call
option.

To recap, buying a call option gives you the right, but not the obligation, to buy a stock at a specified price at a specified date. Conversely, if you sell a call option, you now have the obligation to sell the stock to the option buyer at the agreed upon price at the specified date.

Taking a look at our housing example earlier on, the owner of the house basically wrote
/ sold an option to us by promising to sell us the house at the agreed price. We could
decide whether we wanted to buy the house, but if we did want to buy it, the house owner
is required to sell it. He does not have the luxury of saying no.

So a Call Writer is agreeing to the obligation to sell stock, while a Put Writer is agreeing to the obligation to buy stock.

***** When you are Writing or Selling stock options, you are agreeing to the obligation to fulfill the option contract, which is to sell stock in the case of a Call, or to buy stock in the case of a Put. *******

Scary isn't it? Who would want to enter a contract with such obligations?

The good part is, when you sell an option, you receive the Premium of the option.
Which means you instantly make money from a transaction.

In that case, why doesn't everyone start selling options?

Let's take a closer look at selling Call options.

To recap: when you buy an option, you buy the option to Open a Position, and
sell it later on to Close the Position. Similarly, when you Write options, you write
the option to Open the Position, and you must Close the Position somehow,
whether it's by letting the option expire worthless, or by buying the option back.

In the case of selling Call options, remember that Call options are more In-The-Money the
higher the stock price goes. So if you sell a Call option and the underlying stock price
goes down below the option's strike price (meaning the option becomes Out-Of-The-Money),
the option will expire worthless. You therefore don't need to do a thing, and can pocket the
profit you earned by selling the option.

However, the danger happens when the stock price keeps climbing. If it keeps going up,
it will never become worthless, and come expiration day, someone is going to exercise the option
and buy the stock from you. You have been Called Out.

The problem is, you don't own the stock! You would need to buy the stock at the current
market price (which has gone up), and sell the stock to the option buyer at the previously
agreed strike price, which would have been lower. This would cost you a lot!

Let's take a look at a numerical example:

Say the price of stock ABC is now sitting at $18. You sell a Call option for a strike
price of $20, expecting the stock to hover around the $18 level. Let's say you earned
$1.00 on the option premium (which is $2 Out-Of-The-Money).

Scenario 1: If by expiration day the stock price ends up at $19, which is below the strike price of $20, you're fine, since the option is Out-Of-The-Money and will expire worthless.

Scenario 2: What if by expiration day the stock price jumps to $26? The option is now
In-The-Money by $6, and you have been Called Out. So you will need to buy the stock
at the current market value of $26, then sell it to the option buyer at $20. That's a loss
of $6 for you, and if you include the $1.00 you made earlier, still results in a nett
loss of $5.00.

Let's look at this in tabular format:










































ABCScenario 1Scenario 2
Premium Earned$1.00$1.00
Strike Price$20$20
Final Stock Price$19$26
In-The-Money?Out $1In $26
Cost of Stock Purchase---$26
Earnings from Stock Sale---$20
Total Profit$1.00- $5.00

And that's just if the stock price goes up to $26. What if it had gone higher, to say $36? Your losses would increase by another $10. Considering that one contract covers 100 underlying shares, that's a lot of money. Therefore, selling stock options on their own, also known as selling Naked or Uncovered options, is extremely risky.

****** Selling stock options on their own is known as selling Naked or Uncovered options. They are extremely risky, and can result in unlimited losses. ******

In order to lessen that risk, what we can do is to actually buy the underlying stock
the same time we sell the option. For example, if you want to sell 1 contract of ABC options,
you would buy 100 shares of the ABC stock at the same time (remember that 1 option contract
is equivalent to 100 underlying shares).

By buying the shares, we eliminate the risk of having to buy the shares later at a higher price in case we get called out. This is called covering your call writing, ie. we just wrote a Covered Call.

Let's return to our numerical example, but this time we write covered calls on it. Previously, we
sold a $20 Call option for a premium of $1.00 when the stock was currently at $18. This time, we also bought 100 shares of the stock at $18.

Let's look at 2 scenarios, one where the stock went down in price, and another where the
stock climbs above the option strike price.

Scenario 1: If the stock price falls to $17 by expiration day, the option expires worthless and we are not called out. We lost $1.00 because we bought the stock at $18 and it's now at $17. However, since we previously sold the option for $1, we actually broke even. And we still own the stock.

Compare this with just a simple purchase of the stock. When we write covered calls, ie. selling
an option together with buying the stock, we actually increase our loss tolerance by the option's premium amount. In this example, we increased out loss tolerance by the option premium of $1, meaning we could afford to have the stock drop $1 without actually losing anything.

That is our break even level. As long as the stock price stays above that level, we profit. Anything less and we lose. That's why we need to look at stable or moderately bullish stocks to consider for writing covered calls.

This is important in the stock market, where stocks we buy usually don't go up the way
we expect them to...

Scenario 2: If by expiration day, the stock goes up to say $26, we would be called
out. However, there is no risk, because we already own the stock, and can just sell it immediately.

However, since we already agreed to sell the stock at $20, that is the price we have to honor. So we sold the stock at $20. In total, we earned $2 from selling the stock ($20 minus the $18 we spent earlier), and earned another $1 from selling stock options
earlier on. That's a total $3 profit.

Let's look at this in tabular format:





















































ABCScenario 1Scenario 2
Cost of Stock$18.00$18.00
Premium Earned$1.00$1.00
Strike Price$20$20
Final Stock Price$17$26
In-The-Money?Out $3In $26
Earnings from Stock Sale---$20
Change in Value of Held Stock-$1.00---
Still Keep the Stock?YesNo
Total Profit$0.00$3.00

Now let's take a look again at Scenario 1. The Call option has expired worthless, and we keep the stock. This means that month after month we can keep selling stock options on those 100 shares we own, and as long as we don't get called out, we can make constant monthly income! And what if we get called out? As Scenario 2 shows, getting called out still earns us a profit!

This is how investors write covered calls to generate a monthly income. This strategy usually earns about 3% to 15% a month. Not bad for a strategy that's almost risk-free!

However, do note that if you are unlucky enough to choose to buy a stock that keeps falling
lower and lower, no strategy is going to help you! (Unless you buy a Put option on that
stock to reduce your losses).

***** We write covered calls by buying stocks to cover an option sale. This is a conservative strategy that can be used to create monthly income, by selling call options month after month. **********

On a side note, some investors who have held particular stocks that haven't moved for a long time can also decide to write Covered Calls. They can sell call options their stock, and either earn monthly income on the stocks, or (sometimes hopefully!) get called out and sell their stocks, getting back their capital to invest elsewhere.

----------------------

Sell Stock Options Safely For Monthly Income

http://www.theoptionclub.com/vertical_option_credit_spread.html

Options can also be used in ways that produce profits on a consistent basis.
All option contracts expire. This is a certainty. In fact, not only do we know that they will expire but we also know precisely when they will expire. The only question we cannot answer ahead of time is whether the underlying stock price will be above or below the options strike price.

The strike price is that price at which, in the case of a call option, the option holder may purchase or, in the case of a put option, sell the underlying stock. If you own a call option, you would have the ability to buy the stock at the strike price. If the stock is trading at a price level higher than the strike price your call option will allow you to purchase the stock at the lower strike price.

What this also means is that if you sold that same call option, your option would expire worthless so long as the stock price remains below the level of the strike price.

Conversely, a put option allows the buyer of that option to sell the underlying stock at the strike price, so if you sell a put option, your option will expire worthless so long as the stock price is above the level.

When you sell an option, you receive a cash payment to your account. You remain obligated to perform upon that short option until such time as it expires or you close the contract by repurchasing it. Because options expire on a known date, if you are able to identify a where a stock is likely to trade, or where it is not likely to trade, it may then be possible to sell call options above that range or put options below that range.

If you are correct in your assessment of the market, those options will expire worthless and you can keep the entirety of the premium that was paid into your account without further obligation.

Selling options is not without its risks, but there are methods of curtailing those risks significantly.

One of the more favorite tools of sophisticated options sellers is the vertical credit spread. This involves that simultaneous purchase and sale of two options. The technique allows the option seller to still capture premium, but a cheaper option is purchased to limit the maximum risk. It is possible to limit your risk to less than $100 per trade.

Monthly premium income can be created in a safe, reliable manner by identifying key areas of support and resistance in the market. Selling stock options using a limited risk strategy, such as the vertical credit spread, preserves the high probability of success while also limiting the risk involved in an unexpected market move.

To learn more about vertical credit spreads, visit TheOptionClub.com and register for their free stock option trading lessons and newsletter.

-------------

Relationship between Stock/Security and Options

The premium, is the amount you receive when you sell an option, or conversely, the amount one would pay to buy an option.

For example, XYZ is trading at $50 per share and the XYZ October 50 call is trading at $5.00 per share. The $5.00 per share cost for the XYZ October 50 call option is referred to as the premium.

The premium reflects the risk in the underlying security. Risk being defined in terms of volatility, which simply quantifies how dramatically the underlying security can move up or down from its current price level. Without belaboring the point, the more volatile the underlying security, the higher the option premium.

Knowing that options and risk are inexorably linked, we come back to our original thesis; how much income does your hypothetical $100,000 nest-egg need to produce?

We’ll begin by purchasing 1,438 shares of the Canadian Imperial Bank of Commerce (symbol CM, listed on the TSX) at $69.50 per share.

At the same time, we’ll sell 14 CM January (2006) 70 calls at $3.20 per share. These call options obligate you to deliver 1,400 of your 1,438 shares at $70 per share to the call buyer anytime between now and January 2006. If the stock is called away at $70 per share, you receive $98,000 plus you will still own 38 shares worth at least $70 per share ($2,660 total value fort the additional 38 shares) for the for a total portfolio value of $100,660 ($98,000 for the shares that were called away plus $2,660 for the shares that did not have options written against them).

Here’s where comfort comes into play. You need to ask how comfortable are you that CIBC will be worth at least $70 per share 11 months from now. If you are comfortable with CIBC, the next step is to look at what kind of income you can generate with this strategy.

First of all, you have the call option premium that can be paid out over the next eleven months. You received $3.20 per share in premium income multiplied by 1,400 shares for a total value of $4,480. The option premium income is taxed as a capital gain if it is earned outside an RRSP.

You will also receive three dividend payments over the life of this position. CIBC pays 65 cents per share in quarterly dividends which works out to $1.95 per share in total dividends received over the next 11 months. Based on the 1438 shares purchased, you will receive an additional $2,804 in dividend income. The total cash flow from this position over the next 11 months is $4,480 in capital gains income plus $2,804 in dividend income for a total income of $7,284 (that represents a monthly income of $662). This is what could be paid out over the next 11 months without impinging principal. Assuming, of course, CIBC is above $your $69.50 purchase price in January 2006, and assuming that CIBC maintains its’ current dividend.

Having vetted the risks, we’ve now come full circle. The initial objective was $8,000 per year or $666.67 per month, in pre-tax income. With the CIBC covered call write example, about two thirds of the cash flow is capital gains (the option premium), the remaining one third being dividends. Over the next 11 months, you would draw income at a rate of $662 per month, just slightly below your goal.

The worst case scenario would see the value of CIBC shares decline below $69.50 per share. In this case, you retain the shares but may not be able to capture enough premium income to satisfy your needs for the next year. And we define the risk by asking the question; how comfortable are you the worst case scenario?

Of course this was meant as an example of an alternative source of income. In reality, you would want to hold a number of dividend paying stocks to provide the portfolio with some reasonable diversification.

Saturday, May 10, 2008

Options Learning Resources - Video YouTube

(1)

(2) My options video subscriptions... http://www.youtube.com/subscription_center

(3) Free Educational Video Series - Introducation to Options Trading

http://www.pitsavvy.com/CMS/FreeLessons/tabid/91/Default.aspx

Lesson 1 Call and Put Options
Lesson 2 OTM ATM & ITM

AMERICAN STOCK EXCHANGE AMEX - FIXED RETURN OPTIONS (FROs)

New York, May 1, 2008 – The American Stock Exchange® (Amex®) today announced the launch of Fixed Return OptionsSM (FROsSM), which will begin trading on May 8. FROs are “binary” options on popular equities and exchange traded funds (ETFs), including QQQQs, SPDRs and Google, that will pay a fixed, cash amount of $100.00 upon settlement “in-the-money.”

Fixed Return Options are offered in two forms: “Finish High” – each long contract returns $100.00 if the underlying security settlement value is above the strike price at expiration and “Finish Low” – each long contract returns $100.00 if the underlying security settlement value is below the strike price at expiration.

FROs will settle at expiration based on the Amex FRO Settlement IndexSM that will be published every 15 seconds over Tape B. Amex FRO Settlement IndexSM is a weighted average of trading in the underlying on expiration day.

“The American Stock Exchange has long been recognized as a leader in innovation and new product development and the launch of Amex’s Fixed Return Options is another example of the time and effort that we put into bringing new products to the marketplace,” said Michael T. Bickford, Senior Vice President of Options.

For a complete list of company names and symbols as well as product information on FROs, please visit http://www.amex.com/options/prodInf/OptPiFROs.jsp

About American Stock Exchange The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 391 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.

Friday, May 09, 2008

Options Learning Resources - Good

General

OUMembersOnline.com - Our own idea generation, analysis and education website
www.oumembersonline.com

YAHOO! FINANCE – A comprehensive financial website
http://finance.yahoo.com

MSN Money – A comprehensive financial website
http://moneycentral.msn.com

MarketWatch from Dow Jones – A comprehensive financial website
http://www.marketwatch.com

Bloomberg.com – Financial news website
http://www.bloomberg.com

Reuters – A comprehensive worldwide source of news
http://www.reuters.com

Barron’s Online – Financial news and commentary
http://online.barrons.com/public/main

The Wall Street Journal Online – Financial news and commentary
http://online.wsj.com/public/us

Investor’s Business Daily – Financial news and analysis
http://www.investorsbusinessdaily.com

TheStreet.com – A commentary and news oriented site
http://www.thestreet.com

Options Related
Basic Options Concepts
http://biz.yahoo.com/opt/education.html
· How Options Work· Exiting an Option Position· Call Options· Put Options· Intrinsic Value and Time Value· How to Use Options
Options Strategies: Bullish
· Buying Calls· Covered Calls· Vertical Spread· Bull Call Spread· Bull Put Spread
Options Strategies: Bearish
· Buying Puts· Covered Puts· Bear Put Spread· Bear Call Spread
Advanced Options Concepts
· LEAPs· What Affects Equity Options Prices?· Volatility· Liquidity

http://www.investopedia.com/university/options/

http://www.cboe.com/LearnCenter/OptionsInstitute1.aspx
· Online Tutorials
· Online Courses
· Educational Webcasts
· Options Seminars & Events

Options ToolBox
http://www.hoadley.net/options/options.htm
Software tools for derivatives traders and portfolio investors
http://www.hoadley.net/options/barrierprobs.aspx?
Hoadley Trading & Investment Tools: Stock Price Probability Calculator

Advance Options
http://www.thinkorswim.com/tos/displayPage.tos?webpage=lessonGreeks
The Greeks : Delta Gamma Theta Vega Rho

Stock Market Update
http://hosting.briefing.com/Reuters/MarketAnalysis/StockMarketUpdate.htm

Comprehensive Quote
At Nasdaq.com
http://quotes.nasdaq.com/quote.dll?mode=stock&page=quick&symbol=v&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=v

Extended Trading - Pre Market Stock Quotes
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=&kind=&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=v&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=PRE&pathname=&prevPage=quick&page=premarket&selected=V

Stock Technical Analysis
http://www.stockta.com/cgi-bin/analysis.pl?symb=V&num1=3&cobrand=&mode=stock

Fibonacci , Candlestick Charting
http://www.stockta.com/cgi-bin/school.pl?page=fib#confluence

2 PDF OPTIONS Strategy Guide for Download
http://www.optionsuniversity.com/options_strategy_guides.php?CatIDPrefix=leftnav

** Options Learning Webcast, Podcast
http://www.optionseducation.org/seminars/podcasts.jsp

Saturday, May 03, 2008

Good & Free Options Trading Learning Resources - Webcast, Podcast, Audio, Video, PDF

Good & Free Options Trading Learning Resources in Webcast, Podcast, Audio, Video, PDF

(1)
Options Learning Center @ Chigago Board of Exchange
http://cboe.com/LearnCenter/default.aspx
CBOE's renowned interactive learning center where you can find an assortment of learning materials and online training to enhance your options knowledge. You can also register with MyCBOE to receive email alerts, including the Event Calendar, CBOE eNews Newsletter, and more.

>> The Options Institute
Choose an educational format that best suits your needs. For a detailed description, select from the links below:
Online Tutorials: Self-guided tutorials.
Online Courses: Self-paced interactive courses.
Educational Webcasts: Live interactive presentations.
Options Seminars and Events: Seminars on option-related topics.
Master Sessions: Seminars for the serious trader and investor.
Customized Programs: Customized programs for all types of investors and investment professionals.
Ask the Institute
Send an options question to CBOE or read the questions your peers are asking. A new question is chosen weekly and then answered by an Options Institute instructor.

Options FAQs
View a list of the most frequently asked questions about CBOE and options trading.
CBOE Bookstore
Purchase trading-related books at significant savings.
Options Dictionary
Quickly find commonly used options terminology with this customized dictionary.
Education Tools
Download The Options Toolbox, an interactive software program for investors, browse through The Index Workbench, an online micro site focusing on CBOE-listed indices, or, use an enhanced options calculator from CBOE's suite of Volatility Optimizer tools.

(2) OIC - The Options Industry Council
http://www.optionseducation.org/default.jsp

Offer Options basics foundation:
What is an Option?
Options Basics Online Class
Intro to Options Webcast
Options Basics Podcast
Buying Equity Options Webcast
Benefits and Risks
Intro to Options Symbology
Options FAQ

(3)
Options Basics @ Investopedia
http://www.investopedia.com/university/options/
Table of Contents

1) Options Basics: Introduction

2) Options Basics: What Are Options?

3) Options Basics: Why Use Options?

4) Options Basics: How Options Work

5) Options Basics: Types Of Options

6) Options Basics: How To Read An Options Table

7) Options Basics: Conclusion

Can download PDF version for offline reading

Sunday, April 27, 2008

Tradings Resources, Tools and Website

Favorite Software-based and Online Broker
ThinkOrSwim
Highly recommended. If you are seriously looking to fund your account.
Let me know ( email me shrimphead8118 @ gmail.com ), I will share half of the referral fees of USD50 with you, i.e. USD25 to you!
https://www.thinkorswim.com/tos/displayPage.tos?webpage=promotions

Brokers
thinkorSwim
optionsXpress
Ameritrade
E*TRADE
Interactive Brokers - This company might allow you to trade before Extended Hours (before 8am) opens.
Scottrade
TradeStation

Calendars - Earnings, Dividends, Splits
Economic Calendars - Certain events can dramatically move the price of a stock. These calendars cover prominent events affecting price so you be informed of events before they affect your investments. Now you can know in advance when a company is going to announce their earnings, pay dividends, or split their stock.
Economic Calendar - See what key data will be released
FDA Calendar
GFT Forex Calendar (times shown in GMT)
ForexNews.com Global Calendar

Commentary
Market Clues

Dictionary of Financial Terms
Investing Glossary - over 6,000 terms and 20,000 links.

Economic Data
AMG Data - Independent Data on Fund Flows & Holdings

Forecasts
Forecasts.com - Interesting stuff including Personal Savings Rates, Employment Figures, etc.

Forex - Foreign eXchange Currency Markets
The Foreign Exchange Market is the generic term for the international institutions that exist to exchange or trade currencies. Foreign exchange is often referred to as "forex" or "FX". The foreign exchange market is an Over The Counter (OTC) market. This means that there is no central exchange and clearing house where orders are matched - everyone is connected together.
fxcm.com
Daily FX
Daily FX

Forex - Pivot Points
Forex Pivot Points

Gross Domestic Product GDP
Real Gross Domestic Product - This page has the U.S. Bureau of Economic Analysis chart for Real GDP.

Gurus
Garzarelli.com - Elaine Garzarelli's website.
Century Management - Arnold Van Den Berg's firm.
GuruFocus.com - This website focuses on fund managers who consistently make over 15% annually.
Oakmark Funds - Bill Nygren's fund.
Third Avenue Funds - Martin Whitman's fund.
Tweedy, Browne & Company LLC - Tweedy.

Indicators
StockCharts - Indicators
Equis - Indicators
Paritech - Indicators

International Markets
NikkeiNET Interactive - Japanese Financial Markets

News Sources
Businesswire - Businesswire.
PRNewswire - PRNewswire.

NYMEX
NYMEX - NYMEX - New York Mercantile Exchange. Get prices for oil here.

Options
Chicago Board Options Exchange - Chicago Board Options Exchange
Chicago Board of Trade - Chicago Board of Trade
ivolatility.com - Shows volatility figures for stocks. Useful for setting up trading ranges or for options pricing.

Research Papers
Social Science Research Network - Behavioral Finance

Screeners - Stock Screening
Trade Ideas

Sectors
Sector View on Briefing.com - Analysis of ten economic sectors
John Bollinger's Equity Trader

Simulators
Random Equity Curve Simulator - Random Equity Curve Simulator of a Trading System. Learn it before you trade it.

Stock Analysis
AIStockBot - Artificial Intelligence to pick Stocks
Covered Calls - Best Covered Calls
Financial Perspectives for Individual Investors - Daily Market Commentary
MichiganStockPicker.com - The site truely for the trader/investor and not the pump and dumper type site. We want to have a group of experienced and new traders alike to help make this a profitable community for all.
MSN - Top 10
Safe Haven - Preservation of Capital
Stock Patrol - Watchdog for OTCBB stocks

Stock Buybacks
Realtimetraders.com - shows which companies are doing stock buybacks.

Stock Screeners
Stock Fetcher - Technical Stock Screening

Check these out sometime
Barchart.com - Barchart.com
Stockconsultant.com - Stockconsultant.com
Businessweek.com - Businessweek.com
Pivot Calculator - Pivot Calculator
Yahoo Finance - Yahoo Finance
Kable - Kable
Active Trader Magazine - Active Trader Magazine
Turtle Trader
Wealth-Lab.com - Wealth Lab
Harry Domash's Winning Investing - Mr. Domash is a writer for MSN Money.

MetaStock 10.0
http://www.equis.com/


Option Chain @ Schaeffersresearch.com
Eg Option Chain for Visa (V)
http://www.schaeffersresearch.com/streetools/options/option_montage.aspx?Ticker=V
Earnings.com
marketwatch.com

Mobile Stock Info Website

Yahoo Finance: wml/xhtml-mp
Content: **** Usability: *****

Bloomberg: xhtml-mp
Content: ***1/2 Usability: *****

MarketWatch PDA: cHtml
Content: **** Usability: ***

StockPoint: cHtml
Content: **** Usability: ***

StockCharts.com: cHtml
Content: **** Usability: ****


Mobile Stock Software
Compare with Talking Stocks, TradeTrakker, Wall Street Raiders, Netropa Internet Receiver,
Personal Stock Monitor Gold Edition is the best!
http://www.personalstockmonitor.com/products.html

Summary of Technical Analysis & Indicators
http://www.chartnexus.com/learning/index.php#indicators
Accumulation / Distribution
Average Directional Index (ADX)
Average True Range (ATR)
Bollinger Bands
Candlestick Formation
Chaikin Money Flow (CMF)
Commodity Channel Index (CCI)
Guppy Multiple Moving Average (GMMA)
Momentum
Money Flow Index (MFI)
Moving Average (MA)
Moving Average Convergence Divergence (MACD)
On Balance Volume (OBV)
Parabolic Stop And Reversal (Parabolic SAR)
Price And Volume Trend (PVT)
Rate Of Change (ROC)
Relative Strength Index (RSI)
Stochastics
Williams' %R

Research markets, stocks and mutual funds
with TOOLS from
http://www.marketwatch.com/ shrimphead8118
http://www.briefing.com/Investor/Public/Toolbox/ToolBoxLanding.htm
Stock Screener
Most Actives
52-week Highs
52-week Lows
Industry Screener
Top Gainers
Top Losers
Fund Finder
Upgrades/Downgrades

Free ebooks
http://www.4shared.com/network/search.jsp?searchmode=2&searchName=candlestick
http://www.toniturner.com/

Free content @
http://www.briefing.com/Investor/Index.htm

Briefing TV
http://www.briefing.com/GeneralContent/Active/BriefingTV/BriefingTV.asp

Chart Analysis
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis

Favorite Forum
http://patterntrader.proboards106.com/index.cgi?
http://forum.wealthacademyinvestor.com
http://www.traderji.com shrimphead
Beginners Guide ( Trading & Investing )
The Market > Equities > Stocks & Shares, Day Trading Stocks, Swing
Trading Stocks, Position Trading Stocks
Forex
IPO
Technical Analysis
Trading Resources > websites, books, magazines, videos, chatrooms, seminars, events, tutors
Risk & Money Management
Trading Psychology
Fundamental Analysis

Candlestick Patterns & Commentary for FOREX
http://www.trading-forex-online.com/Candlestick-Patterns-&-Commentary.html
http://www.candlestickforum.com/PPF/Parameters/12_61_/candlestick.asp
http://www.leavittbrothers.com/education/candlestick_patterns/bear/gravestone_doji_bearish.cfm
http://www.finotec.com/forex-trading-videos.php

Free Resources
http://www.candlestickforum.com/PPF/Parameters/16__/candlestick.asp
Doji, Gravestone Doji, Dragonfly Doji, Long Legged Doji, Bullish Engulfing.
Bearish Engulfing, Hammers, Hanging Man, Piercing Pattern, Dark Cloud Cover.
Bullish Harami, Bearish Harami, Morning Star, Evening Star, Kicker signal.
Shooting Star, Inverted Hammer.

Personal
http://community.marketwatch.com/SHRIMPHEAD

Friends Blog
http://otakalawoo.com/

Sector Rotation
http://stockcharts.com/charts/performance/SPSectors.html
http://seasonalcharts.com/

Analysis Industry
http://bigcharts.marketwatch.com/industry/bigcharts-com/analyzer.asp?bcind_ind=4500&bcind_index=1&bcind_lastsort=&bcind_ma=1&bcind_sort=marketcap&bcind_period=3mo&bcind_maval=0&bcind_compind=aaaaa%3A0&bcind_compidx=aaaaa%3A0&draw.x=32&draw.y=10

Stock Intrinsic Value
http://valuepro.net/


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