Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Jack Schwager"


4 mentions found


The Opportunistic Trader ETF, trading under the ticker "WZRD," launched on Wednesday and quickly surpassed $15 million in assets. Benedict is a former hedge fund manager who later founded The Opportunistic Trader, an information and education service about his strategies. And he's not the only hedge fund veteran trying out products that are open to retail investors. The WZRD ETF won't be a buy and hold strategy common among ETFs, according to securities filings and the Opportunistic Trader team. Rise of active ETFs The rise of hedge-fund like ETFs is part of a broader trend toward more active funds.
Persons: Larry Benedict, Jack Schwager, Benedict, Pershing, Bill Ackman, James Hickey, Hickey Organizations: Trader, SEC, Trust, Nvidia, JPMorgan Chase Locations: United States, WZRD
Erik Smolinski had been self-educating on finance since high school, when one of his teachers recommended he look into investing. He went to the school library, picked up a couple of books, and started learning about basic investing concepts. He's read a handful of investing books and shared four of his top picks with Insider. He's a "big fan" of the author, Lawrence McMillan, who has years of experience trading options. Smolinski also likes anything by the author Euan Sinclair, who has ​​decades of professional options trading experience and a PhD in theoretical physics.
Persons: Erik Smolinski, Smolinski, He's, Lawrence McMillan, Richer, William Green, Charlie Munger, Jack Bogle, Jack Schwager, Stan Weinstein, it's, Euan Sinclair, Warren Buffett's, Warren Buffett, There's Organizations: William Green Financial, Top Locations: Bull
Jason Shapiro trades the opposite side of overcrowded positions. "I believe that going against mass participation of the crowd is what's going to give you good risk-reward trades," Shapiro said. The disciplined traderThe biggest tip Shapiro wants new traders to understand is that the stock market isn't an ATM machine. There are already thousands of analysts and millions of traders working off the same information. There are also trades that may have worked at one point that eventually stop working, he noted.
In the current stock market, Tony Saliba says he would trade bull call spreads. Options trading grabbed the then 23-year-old's attention because it had nonlinear payout opportunities. His cautious approach to options trading came from a lesson learned early on when he blew up his trading account. Many people may be bearish on the stock market. Initial Investment Profit Potential when Stock at $170 Risk exposure Trading 100 shares of CVX Stock $16,000 $1,000 (6.25%) $16,000 (or $1600 with a 10% stop loss) Trading CVX spread $1,760 $2,240 (127%) $1,760On October 13, CVX stock reached $165 and the spread went up to about $5.50.
Total: 4