Monday, July 27, 2009

Webinar Tonight

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Come join our free workshop and learn from one of the industry's best!

There are only two ways to end a trade with a profit: a scalping exit and a swing trading exit. With scalping, you set the profit target and when hit, you exit with your entire position. With swing trading, the market decides how far it will go and you hold your position until you get an exit signal (the opposite of your entry signal). Then, you tighten up your stop to the minimum distance from the price action and literally let the market stop you out. You cannot know for sure which technique will produce the better result in any given trade, and if you only trade one lot/contract you must chose between the two. You have a 50-50 chance of being right or wrong. But, if you can trade multiple lots/contracts you can combine the techniques into a hybrid some people call "all-in-scale-out" and I call "peeling off."

Don't miss Mike Bridges' next MetaStock webinar to learn all the important details of how to apply this invaluable money-management tool that can literally turn losing trades into winning trades.

About the Presenter

Mike Bridges is a retired California lawyer who specialized in financial and investment planning. He was also a financial advisor for Zurich-based UBS, the world's largest private bank and wealth management firm. He has held an NASD Series 7 (general securities), Series 3 (commodity futures and options) and Series 66 (investment advisor representative).

Mike has traded for nearly 25 years. His very first charting software was a pre-Windows MS-DOS version of MetaStock which he updated with Compuserve, one of the internet's first sources for market data. Mike has taught his trading techniques for over 9 nine years and has been a member of the mentoring faculty at Pacific Trading Academy since its inception."

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Monday, July 20, 2009

Webinar Tonight

Option Strategies for Trending Stocks

Join Dan Passarelli, founder of Market Taker Mentoring LLC, as he discusses how to trade trending stocks by using options. Learn how to make the most out of option leverage, how to avoid common option volatility pitfalls, and how Dan uses indicators to confirm trends.

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In this seminar we will discuss:

* Option trades for trending stocks
* Option leverage
* Avoiding volatility pitfalls
* Confirming trends with indicators

Space is limited so enroll now!
7/20/09 Monday 7:00 PM MST (9:00 PM EST)

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About Daniel Passarelli
Daniel Passarelli picture

Daniel Passarelli

Dan started his trading career on the floor of the Chicago Board Options Exchange (CBOE) as an equity options market maker. He also traded agricultural options and futures on the floor of the Chicago Board of Trade (CBOT). In 2005, Dan joined CBOE’s Options Institute and began teaching both basic and advanced trading concepts to retail traders, brokers, institutional traders, financial planners and advisors, money managers, employees of the SEC and Federal Reserve bank, and market makers.

In addition to his work with the CBOE, he taught options strategies at the Options Industry Council (OIC). Dan has been featured on television and radio and has written numerous articles in the financial press, and is the author of the book Trading Option Greeks and the president of Market Taker Mentoring LLCTM. Market Taker Mentoring ( provides personalized one-on-one mentoring for option traders. Dan can be reached at