Article Archive For
John Jay Norris
Options On Futures by John Jay Norris
ARTICLE SYNOPSIS ...Options On Futures by John "Jay" Norris
Here's how to identify the appropriate underlying conditions and timing for option strategies.
The first two things industry insiders will tell you about options on futures is that more than 80% of them expire worthless, and that selling naked options on a monthly basis is frequently referred to as "picking up dimes in front of a steamroller." Put those together and you get losses more often than not if you buy them or you get paid a meager sum on a regular basis if you sell them, and hope you figure out a better way quickly before you get crushed by t...
AUTHOR: John Jay NorrisDATE: MAY 2009SUBJECT: Options
Directional Ratio Revisited by John Jay Norris
AUTHOR: John Jay NorrisDATE: OCT 2008SUBJECT: Indicators
Trading With The Directional Ratio by John Jay Norris
ARTICLE SYNOPSIS ...Trading With The Directional Ratio by John "Jay" Norris
Whether you trade long term, short term, or intermediate term,
you need to know the direction of the trend. Here's a simple way
to find out.
If you are an active trader, or if you manage traders,
you probably already know the importance
of differentiating between a "trend trade" and a
"countertrend trade." By using the highs and
lows on the chart to determine overall direction, it should be a simple matter to determine a market's current
stance for a particular time period, be it 15 candles or 60.
However, once you add up the long-, int...
AUTHOR: John Jay NorrisDATE: FEB 2008SUBJECT: Indicators
The Trading Plan by John Jay Norris
ARTICLE SYNOPSIS ...The Trading Plan by John "Jay" Norris
We all know that creating a trading plan is the first
step in trading. Find out how one futures trader
creates a plan and follows it.
Combining analytics and execution is
not new for individuals or professional
entities, and most companies
separate the two. Many individuals
lean toward one or the other, but traders must do both. Traders must be patient and
disciplined and accept that they will not have a
choice regarding when a trade scenario will unfold.
Traders just need to be in the habit of being at their
stations every trading day rested and relaxed...
AUTHOR: John Jay NorrisDATE: DEC 2007SUBJECT: Real World