By Sang LucciWe’re lucky here at Sang Lucci and WallStJesus.com to have a number of truly incredible, veteran traders join us on a daily basis in the Steamroom. As part of our celebration leading up to the launch …
Weekly Options Trades of the Day
By Sang LucciThe recent volatility has been a blessing for weekly options trades. Coupled with earnings season, there’s enough momentum to justify aggressively playing these short-term vehicles for hefty profits. First up, Alibaba (BABA)… The company reported …
A Student’s Audit of the SLMC: What It Really Takes
We get asked what our students learn in the Sang Lucci Master Course all the time, and sometimes, because we just cover so much ground, it can be difficult to fully communicate. That’s why we …
Optionswire Interview Followup: Position Sizing, the VIX, and Gaming to Save Your Trading
Our original interview with Optionswire resonated with so many of you that we decided to do a follow-up. You specifically asked us to include most of the questions below, so we hope you enjoy! You can …
Silverfin Interview: Simple Ways to Develop Your Own Trading System
By Charlie BathgateIf you’ve ever been in the Steamroom or seen some of the daily gains we post on Twitter, you’ll recognize the name Silverfin. He’s about as consistent as they come hitting singles and doubles, and …
Two Things A Monkey Can Teach You About Trading
There’s a famous animal study conducted by social scientist Frans de Waal that has serious insight for your trading. Basically, de Waal taught monkeys to use stones as currency. When the monkey gave the trainer …
The Illusion of Control
We all want a sense of control. Control over our finances. Control over our emotions. Control over our lives so that we can be with the people that make us happy, avoid the ones that …
“Ronchero” Trader Interview: Bouncing Back from a $1.4M Loss, Learning Options, and Figuring Yourself Out
“Ronchero” is a valued member of The Steamroom and a hell of a trader. After we got to know him a bit, we couldn’t help but ask him to share some of his experience with …
What’s the Question I Hope I Don’t Get Asked?
Remember when you were in middle school and had to give a presentation in front of the class? If you’re like me, you waited until the last minute to prepare, which means there was always …
The Biggest Thing Holding Most Traders Back
One of the defining moments in a trader’s career occurs when you finally understand exactly why a move happened. You recognize the activity from buyers and sellers that, over a defined period of time, caused …