Why I Don’t Read Daily Market Wraps

The front page of most financial websites (Bloomberg, Wall Street Journal, CNBC, etc.) will usually have an article recapping the day's market action. I don't...

How Do Stock Options Work? Part 2: Common Options Strategies

Stock options can be confusing to many investors because they can be used to make bets on a wide variety of market outcomes. They have...

How Do Stock Options Work? Part 1: The Basics

Stock options have been marketed as portfolio insurance, a way to turbocharge returns, or a way to make money no matter which way the...

Wall Street Profiles: Jim Simons, Renaissance Technologies

. This is the first of what hopefully will be a recurring series of profiles of Wall Street traders, examining their lives, trading careers, and...

How to Make Money Off Of Donald Trump’s Tweets

Donald Trump was inaugurated as the 45th president of the United States on January 20, 2017. No matter how you feel about his political...

If You Must Trade, Follow These Five Rules

It might surprise readers given my background as a former Wall Street trader, but I do not recommend short-term trading. You are unlikely to...

8 Reasons Why You Should Not Trade

Every physician investor has at one time or another considered trying their hand at trading. Maybe their friends work on Wall Street, or they...