Podcast
Trading with Insight | Stock Options Swing Trading
Hosted by Daneen James | Stock Options Analyst · EN
After being in the trading industry for over a decade, I now teach new and struggling traders how to analyze charts to find trade setups, how to choose the best strategies to swing trade, and how to become more independent options traders. How? That's what we cover in this series. Ways to help you start trading with confidence, trading with purpose, and Trading with Insight. - www.TradingWithInsight.com
9episodes
Episodes
Newest firstAll episodes
Monthly Or Weekly Options: Which Is Better? (Ep. 08)
Dec 7, 202300:06:49Tap to summarizeThis is another one of those questions that kind of depends on your trading style. Are you going to be mostly buying or selling options? Do you prefer more conservative trades or more aggressive trades? For me, the answer really boils down to four things.First is the Frequency. How often are these options available to trade? Well, monthly options are available to trade once per month. These options expire on the 3rd Friday of every single month. On the other hand, weeklies are available to trade every week and expire every Friday. (There are some tickers that have non-standard expiration days, so be mindful of them.) So weekly options are more readily available, giving you the opportunity to place more trades more often. So, for frequency, I'd say weekly options win!The second thing is Options Volume. Volume is KEY when you're trading because volume gives you an idea of how liquid an option is. The more volume it has, the liquidity it has… meaning the better your chances are of getting into and out of your trades at the price you actually want. Typically, you'll find that monthly options have more volume than weekly options. So in a way, it makes trading monthly options a safer bet. So for volume, monthly options is our winner!The third thing is Premium! How much credit can receive for selling options and what debit are you expected to pay to purchase options? Usually, you'll have higher premiums in monthly options which makes them slightly more appealing to options sellers. Weekly options usually have lower premiums which makes them a bit more attractive to options buyers. Since we mostly sell options ourselves, I'd say monthly options are the winner when it comes to premium!And finally number four is Theta Decay or time Decay. Theta decay is essentially time eating away at your premium. Literally! As time goes by your premium decreases. And the amount of decay actually increases at an increasing rate. Your premium is just dropping faster and faster. This great for sellers looking to buy back at a lower cost, but horrible for buyers looking to sell back at a higher cost. And the closer you are to expiration, the greater the affect that time decays has on your trade. So for most options sellers, weekly options would be better because the premium drops faster. For most options buyers, monthly options would be better because the theta decay is a bit slower.So overall, which one is really better? When you consider frequency, options volume, premium and theta decay, both monthly options and weekly options are great to trade. But in my opinion, I think monthly options are slightly more attractive to trade!Want to know more about how we teach others to trade stock options? Check us out! - TradingWithInsight.com ---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →How Do I Get Started With Trading? (Ep. 07)
Nov 9, 202300:06:43Tap to summarizeIt's so exciting to know that you could possibly earn an additional income trading in the stock market. So naturally you're going to be curious about how to get started. So let's break it down in 5 simple steps! First, you need to make sure you're willing to dedicate time to trading. If you want to SWING trade like we can teach you how to do, you really only need about 30 minutes per day. Swing trading is great for people who work fulltime jobs or just don't want to sit at a computer for hours every day waiting for a trade opportunity. Second, you need to take 5 minutes to open an options trading account. I HIGHLY recommend ThinkOrSwim because it's the #1 platform for trading stock options! Third, find a trading mentor, course, program, or coach that appeals to you. For example, I offer courses and programs where I teach people how to trade stock options for income, even if they're working a fulltime job. I ALSO give them my personal trading system to help them find high-winning trade setups 100x faster than they would without them. If that sounds appealing to you, then congrats! You've finished the third step. Step four, become a focused sponge. Absorb as much information as you can from your trading course, coach, etc but focus on the things that truly resonate with you. Some strategies you learn will stand out more than others… some techniques that you'll see are going to make more sense than the rest. The best strategy for you to trade is the one that you understand the most, because eventually, that strategy just becomes second nature to trade. And finally step number five: log into your ThinkOrSwim demo account and practice trading these strategies with paper money. Prove to yourself that you're actually able to be consistent and profitable BEFORE you start trading with your real money. Since every strategy is different, some you may need to practice for several days and others for several weeks. So that's it! One, make sure you have about 30 minutes during the day to trade. Two, take 5 minutes to open a ThinkOrSwim account. Three, find a trading course or coach that appeals to you. Four, learn their trading strategies. And five, practice those strategies before trading real capital. Ready to get started with your stock options trading? Check out our training program - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →What Does "Trading With Insight" Mean? (Ep. 06)
Oct 10, 202300:06:13Tap to summarizeWhen I first started trading, I struggled… A LOT! All of the strategies that I was learning and trading were very much opinion-based, and not so much data-driven. I was using moving averages, momentum indicators, volume indicators, etc. to form an "opinion". It was a very stressful way to trade! I was literally placing trades based off of my emotions and what I "thought" the market was going to do, instead of just letting the market tell me what it's likely to do. It was so frustrating and overwhelming, that I eventually just stopped and thought to myself - "…how do I take my opinions and emotions out of my trading? How do I let the market TELL ME what it's likely to do??" And that's when I developed my own trading process that I like to call "Insight Trading" also known as "Trading with Insight". This process of Trading With Insight is taking the INSIGHT that the chart gives me and then TRADING based on that insight. So what is the "Insight"? It's simple… win rates! If I see that stock XYZ has a high win rate for bullish trades recently, then I've just gained some valuable INSIGHT that I should be TRADING bullish setups on this stock. If I see that stock ABC has a high win rate for recent bearish trade setups, then I now have some great INSIGHT telling me that I should be TRADING bearish trades on this stock. Make sense? So how exactly do I get that insight? Well, I've designed this game-changing tool called the Insight Indicator that automatically finds and calculates these win rates for you. So you literally just look to see which setups have had the highest win rates lately, and you can choose to trade them. It's literally that simple - you don't even have to look at your stock charts AT ALL! You can get this indicator, PLUS our Targets Indicator to compliment it, PLUS our full training course on how to use options to trade using these indicators, PLUS our fully loaded chart layouts PLUS a whole lot more! Check it out -- www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →Do I Need To Use Technical Analysis? (Ep. 05)
Oct 1, 202300:06:23Tap to summarizeI think technical analysis has become a bigger deal in the trading industry than it needs to be. Especially when it comes to trading Options. Do you really need 8 moving averages, 6 momentum indicators, 7 volume indicators, 15 different trend lines, 20 different levels of support or resistance, and so on? Absolutely NOT! While technical analysis can be helpful, it's better that you use it in moderation. That cheesy cliché that you hear in the trading world - "Analysis Paralysis" - it's a real thing! You can literally analyze your charts to the point that you're too paralyzed to trade. Why? Because you have 5 indicators saying the stock will go up, 5 showing that it will go down, another 5 saying that it will move sideways, and still another 5 indicators with inconclusive results. How are you supposed to trade like that? I've actually found that one of the best ways to trade is by using technical analysis, but without looking at your charts at all. This allows you to make strategic, data driven decisions instead of decisions based on your gut feeling. So how do you trade without looking at the charts? We use a process that I've developed called "Insight Trading". All of the technical analysis involved is automatically combined to calculate a win rate for the strategies we trade. That win rate that's calculated is our "insight"… and that's literally all of the technical analysis that we need to trade highly successful and profitable trade strategies. The higher the win rate, the higher the chance of profiting on that trade. Wanna learn more about how we use our Insight Trading process for super simple technical analysis (…without even having to look at our charts)? Check it out - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →Is It Better To Buy Or Sell Options? (Ep. 04)
Sep 27, 202300:06:29Tap to summarizeWhich one is "better" is really just a matter of opinion, and my opinion is to sell more options than you buy. Here's why… Buying options can give you a great risk to reward (which is what makes "buying" them so appealing) but, there are still a lot of concerns around buying instead of selling options… Usually when you're buying options, Direction, Distance and Time are your biggest enemies! One of the biggest issues is that the stock you're trading MUST move in order for you to make any real money. Not only does it have to move, BUT it also has to be moving in the right direction. Not only that, it also has to move in the right direction before your option expires…. And not only that (as if that wasn't enough already) but it also has to move in your direction fast enough AND far enough to reach profit region before that expiration date hits. It's a lot, right?! And what all of that adds up to is a generally low win rate. Not cool at all! On the other hand, we could just sell options. I'll be honest… when you're selling options, you typically don't get the most attractive risk to reward (which is why some many new traders shy away from selling) BUT what you gain in return is much more valuable and profitable in the end! Why? Because selling options allows you to have Direction, Distance and Time working in your favor. Usually when you're selling, your stock does NOT have to move at all in order for you to make money. You're LITERALLY just making money as time goes by, regardless of what the stock is doing. If the stocks moves in the direction you think it will, if it doesn't move at all, and even if it starts moving against you… you can still be profitable selling options. And you know what all of that adds up to? High win rates and consistent income. Check out our Trading With Insight course to see how we're buying and selling options - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →What Are The Best Stocks To Trade? (Ep. 03)
Aug 25, 202300:06:05Tap to summarizeSo, you decide you wanna start trading in the stock market, and then you realize… you don't know which stocks you should be trading! Some of the best advice I can give you is to NEVER invest or trade anything just because you heard some "great" news about the company on TV or because your friend Bob tells you to… Very rarely do those trades work out in your favor because you don't have the right "insight." In my opinion, the best answer to this question is this: the best stocks to trade are the ones that give you a profitable edge. What I mean by that is that you want to place trades on stocks that (A) give you a high probability of winning, and (B) give you enough credit or profits to allow you to be profitable over time. I call this process "Insight" Trading, because you would be trading based on calculated, systematic insight that you have (as opposed to trading on emotions and opinions.) So for one week, Apple, Google, and Home Depot could have been the "best" stocks to trade because, based on their recent price action, they had high trade win rates. And for another week, maybe Microsoft, Netflix and Comcast were the "best" stocks to trade because they had high trade win rates. So, the obvious next question is how do you get these win rates? Well, we actually give you a full list of amazing stocks to focus on trading PLUS the fully-loaded chart layout and trade signals that automatically calculates the win rates on these stocks for you. And of course, we show you how to actually trade these stocks as well. Just check out our Trading With Insight Course to learn more - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →Can You Make Money When The Stock Price Drops? (Ep. 02)
Aug 15, 202300:04:24Tap to summarizeYes you can! Many people who are new to trading, or who have never traded in the stock market before, are not aware that you can actually earn money from a stock that's dropping. The best way to do that is by trading Options, which is what we teach in our "Trading with Insight" Training Course. Stock Options can be used in a number of different ways, but we use them to build trades that allow us to profit from stocks that are moving up, moving down, or even moving sideways! And if you're wondering how it could be possible to make money from a stock that's falling and losing money itself, think about it like this… when you trade with options, you're basically making a strategic bet on where you think the stock price will or will not go (up, down, or sideways.) And so if you're correct on your "bet", and the stock price pretty much does what you think it will do, then you can make money on that trade. In some cases, you could be completely wrong in your assumption, and you could still make money on the trade. That's one of the greatest benefits of trading stock options!Be sure to check out our Trading with Insight course to learn more about how you could trade stock options for income - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →How Do You Trade In The Stock Market For Income? (Ep. 01)
Aug 8, 202300:03:00Tap to summarizeThere are a number of ways to trade for income. We like to focus on trading Stock Options because (A) they give us a lot of leverage without having to risk a bunch of our capital, and (B) we can profit if a stock is moving up, down, or even sideways. Usually, we just wait for the market to give us a signal that it's about to start moving in a certain direction, then we hop in a trade to profit off of that move. So if we think the stock will move up, we open a trade where we profit from an upward move. If we think the stock will drop, then we open a trade where we profit from the market falling. We could even put on a neutral trade if we think the market is going to move sideways and not make much of a move at all. How you choose to trade in the stock market ultimately depends on your preference, but I highly recommend that you choose to trade Stock Options - they give you so many opportunities to be profitable!Learn how you can start trading stock options Today - www.TradingWithInsight.com---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
Transcribe →"Trading With Insight" with Daneen James | Stock Options Analyst
Aug 7, 202300:00:38Tap to summarizeAfter being in the trading industry for over a decade, I now teach new and struggling traders how to analyze charts to find trade setups, how to choose the best strategies to trade, and how to become more independent traders. How? That's what we cover in this series. Ways to help you start trading with confidence, trading with purpose, and Trading with Insight.---Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com
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