Have you ever heard the term "lottery ticket trade" and wondered what it is? In this quick Pro Trader Tip, Rob Roy explains how you can hold an expiring leg of an already profitable option trade to potentially add a little more ROI. Without adding any extra risk! [...]
In addition to Rob's many repeated mantra's, one saying he likes to stick by is "Trust Your System". This was definitely the case with this example on PYPL. The stock spent some time in a loss-making position, although never breaking below the wave 4 lows, and therefore never disqualifying [...]
Rob Roy has become well known for his often-repeated mantra... "No security in any time frame gets very far away from its 10-day moving average”. In this video, Rob gives you a tip on how you can use this to watch for short-term overbought signals and an opportunity to [...]
The concept of resistance is an elementary part of technical analysis, however it's worth remembering that resistance is real and as such resistance matters! In this video Rob demonstrates when resistance might be a good reason to take profits in a trade.