FOT0109.pdf

(11029 KB) Pobierz
47746852 UNPDF
January 2009 • Volume 3, No. 1
SHORT-TERM
T-note patterns p. 8
SELLING PUTS
on good stocks p. 16
FINDING
the best intraday
trend p. 12
TAILORING TRADE
MANAGEMENT
to strategy type p. 22
OPTIONS BASICS:
Binary options p. 24
NEW CFTC HEAD
p. 26
47746852.010.png
CONTENTS
Trading Basics
Strategy-specific trade
How much risk you have and how you get out
of trades depends on the type of strategy
you’re using and your level of capitalization.
By Richard Weissman
The complicated nature of options trading
can turn off many new investors. Binary
options are simpler instruments that may be
more suitable for beginners.
By Chris Peters
Futures attempt to rebound after flush-out.
Trading Strategies
A look at some pullback trading ideas in the
T-note futures market.
By FOT Staff
News
A rough year in 2008 proved too much for
one electronic exchange.
Forget the fancy indicators. A simple strategy
uses price to exploit afternoon trends in
stock-index futures.
By Boris Stein
With volatility still at very high levels, now is
the time to sell puts. The key is to find suitable
stocks to avoid getting burned.
By Peter Stolcers
Options Trading System Lab
By Steve Lentz and Jim Graham
2
January 2009 • FUTURES & OPTIONS TRADER
47746852.011.png 47746852.012.png 47746852.013.png 47746852.001.png
FREE
$
25
Currency Trading Account
Trade the world's largest financial market with FXCM
Free Trading Signals
EUR/USD 1.5 Pips, USD/JPY
1.6 Pips*
Keep All Your Profits
www.fxcmmicro.com/ot
Offer expires 2/1/2009
Restrictions apply. Please visit the URL listed above for details.
*NOTE: FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen
beyond the typical spreads displayed here.
WARNING: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange,
you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all
of your deposited funds, and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated
with foreign exchange trading and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.
No Deposit Necessary
47746852.002.png 47746852.003.png 47746852.004.png 47746852.005.png
CONTENTS
Momentum, volatility, and volume
statistics for futures.
Notable volatility and volume
in the options market.
Futures & Options Watch
A look at the relationship between commercials
and large speculators in the futures markets.
A ratio put spread on Goldman Sachs manages
to make money even when the stock moves in
the wrong direction.
Have a question about something you’ve seen
in Futures & Options Trader?
Submit your editorial queries or comments to webmaster@futuresandoptionstrader.com .
Looking for an advertiser?
Click on the company name below for a direct link to the ad
in this month’s issue of Futures & Options Trader.
4
January 2009 • FUTURES & OPTIONS TRADER
47746852.006.png 47746852.007.png 47746852.008.png
CONTRIBUTORS
A publication of Active Trader ®
Richard L. Weissman is the author of Mechanical Trading
Systems: Pairing Trader Psychology with Technical Analysis . He has
more than 20 years experience as a derivatives trader and has
provided training and consultation services on technical analy-
sis, risk management, and derivatives trading to traders and
risk managers for 15 years. Currently, he provides training for the Energy
Management Institute ( http://www.energyinstitution.org ), a training solu-
tion provider to the CME Group and IntercontinentalExchange, and can be
reached at rweissman@emimail.org .
For all subscriber services:
www.futuresandoptionstrader.com
Editor-in-chief: Mark Etzkorn
metzkorn@futuresandoptionstrader.com
Managing editor: Molly Goad
mgoad@futuresandoptionstrader.com
Senior editor: David Bukey
dbukey@futuresandoptionstrader.com
Boris Stein ( bstein@steininvestment.com ) is the president
and sole owner of Stein Investment Management LLC
( http://www.steininvestment.com ) and Able World Trading
LLC ( http://www.ableworldtrading.com ), which are registered
with the National Futures Association as Commodity Trading
Advisor and Introducing Brokerage firms, respectively. Stein holds master’s
degrees in physics and computer science and has been developing trading
systems and trading futures for 13 years. He used his mathematical back-
ground, knowledge of markets, and scientific methods of research to develop
new technical trading ideas as well as asset-management approaches. Stein
won second place in the futures division of the World Cup Trading
Championship 2006 (sponsored by Robbins Trading Company), and he is a
member of the WorldCupAdvisor.com team. Stein currently manages money
for both institutions and private clients. Stein and his CTA have been featured
in many professional publications.
Contributing editor:
Keith Schap
Associate editor: Chris Peters
cpeters@futuresandoptionstrader.com
Editorial assistant and
Webmaster: Kesha Green
kgreen@futuresandoptionstrader.com
Art director: Laura Coyle
lcoyle@futuresandoptionstrader.com
President: Phil Dorman
pdorman@futuresandoptionstrader.com
Publisher,
Ad sales East Coast and Midwest:
Bob Dorman
bdorman@futuresandoptionstrader.com
Ad sales
West Coast and Southwest only:
Allison Chee
achee@futuresandoptionstrader.com
Steve Lentz ( advisor@optionvue.com ) is a well-established
options educator and trader and has spoken all over the U.S.,
Asia, and Australia on behalf of the CBOE’s Options Institute,
the Options Industry Council, and the Australian Stock
Exchange. As a mentor for DiscoverOptions.com, he teaches select students
how to use complex options strategies and develop a consistent trading plan.
Lentz is constantly developing new strategies on the use of options as part of
a comprehensive profitable trading approach. He regularly speaks at special
events, trade shows, and trading group organizations.
Classified ad sales: Mark Seger
seger@futuresandoptionstrader.com
Volume 3, Issue 1. Futures & Options Trader is pub-
lished monthly by TechInfo, Inc., 161 N. Clark Street,
Suite 4915, Chicago, IL 60601. Copyright © 2009
TechInfo, Inc. All rights reserved. Information in this
publication may not be stored or reproduced in any
form without written permission from the publisher.
The information in Futures & Options Trader magazine
is intended for educational purposes only. It is not
meant to recommend, promote, or in any way imply
the effectiveness of any trading system, strategy, or
approach. Traders are advised to do their own
research and testing to determine the validity of a trad-
ing idea. Trading and investing carry a high level of
risk. Past performance does not guarantee future
results.
Jim Graham ( advisor@optionvue.com ) is the product
manager for OptionVue Systems and a registered investment
advisor for OptionVue Research.
FUTURES & OPTIONS TRADER • January 2009
5
CONTRIBUTORS
47746852.009.png

Plik z chomika:

Inne pliki z tego folderu:

Inne foldery tego chomika:

Zgłoś jeśli naruszono regulamin