Courses Infomation

Larry McMillan – Option Trading Indicators and Patterns for Increasing Profits

Keeping an eye on key indicators and monitoring price patterns that trigger predictable market moves can lead to sustained trading success – whether you’re an active options trader or basic stock investor. Now, “Trader’s Hall of Fame Award” winner Larry McMillan extends his impressive mastery of the markets in a new dvd workshop devoted exclusively to the primary patterns and indicators that signal significant shifts in market sentiment, price movement, and other factors affecting precise entry/exit timing. Packed with fresh new strategies and techniques, this 90-minute presentation reveals the newest, most effective methods McMillan’s perfected to continue prospering even in the face of market uncertainty. With a full online support manual, this session cuts new ground and features indicators and pattern recognition methods for …

Analyzing shifts in volatility to refine entry/exit points.
Interpreting option price & volume data.
Confirming when high volatility is worth buying.
Providing key clues for stock buyers.
Determining which work best as indicators – index options or puts & calls on individual stocks.
Legging out – exit strategies for profitable straddle positions.
Identifying “expensive” options – and the prime time to sell them.

From strategies for trading over/undervalued options, to precisely calculating put-call ratios – McMillan highlights the principal indicators and patterns that lead to ongoing trading success. Armed with his “hall of fame” secrets, stock and options traders alike will learn to reap maximum trading profits – time and again.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : Larry McMillan – Option Trading Indicators and Patterns for Increasing Profits

About Author

Lawrence G. McMillan is perhaps best known as the author of Options As a Strategic Investment, the best-selling work on stock and index options strategies, which has sold over 350,000 copies. As an RIA and CTA via McMillan Asset Management, he manages over $80M worth of assets in option-oriented accounts for clients. His money management performance has won awards from BarclayHedge and Preqin.

He is the President of McMillan Analysis Corporation, which he founded in 1991, which publishes derivatives-oriented research. Prior to founding his own firm, Mr. McMillan was a proprietary trader at two major brokerage firms – primarily Thomson McKinnon Securities, where he ran the Equity Arbitrage Department for nine years. Mr. McMillan was the recipient of the Sullivan Award for 2011, awarded by the Options Industry Council in recognition of his contributions to the Options Industry.