Petra Picks Blog

Having Trouble With Volatility? Try These 3 Simple Tools

Stocks are set to gap up this morning… but some of the big questions to ask now are: Do we see the same type of volatility as last week? Will the uptrend continue or reverse? With such a long bull market, many people haven’t thought about this… rather, they’ve stuck...

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The Best Order Types for Risk Management

It’s no secret that stocks have been all over the place. With volatility comes more inherent risk. Markets gap up… Markets gap down. Prices are swinging every which way without any warning… and some traders have been taking it on the chin from the violent moves. But...

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Options Can Be Safe & Effective in a News-Driven Market

Believe it or not, trading options rather than stock can be a better choice in a market as whipsawy as this one. And despite all the recent volatility that has surged into the market… my options portfolio has returned 73% since April 1, 2019. Following along can’t be...

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Bonds, Gold, and Silver, Oh My!

If you haven’t heard yet, gold and silver are on fire… and yesterday, gold hit a 6-year high as it finally broke back above the key level of $1,500. Not only that, silver hit a 13-month high. Of course, the precious metals have been moving as the markets have been on...

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A Risk-Averse Day Trading Strategy That Works

Being a successful trader doesn’t happen by accident. In fact, it’s something that you plan. For example, if you sit down with any successful trader, they are able to define the type of style they trade, edge in the market, as well as describe their trading plan.  As...

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Two of My Favorite Stocks This Week

Are these two multi-billion dollar firms set to breakout this week?   Making money in the stock market isn’t easy. However, there are steps that you can take to start putting the odds in your favor. For example, before the trading day even starts, I’m armed with...

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Trading Options Like Stock

Today, we’re going to be talking options. Why? Well, options provide us with leverage… and sometimes, it's more advantageous to trade options than to buy the stock outright. For example, we might see a bullish pattern in a stock… but because it’s too expensive, we end...

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Don’t place another trade until you do this…

How many times have you bought a stock just because you thought it could go higher? I don’t know about you… but it’s happened to me a lot when I first started trading. I was buying stocks for no rhyme or reason… I was just buying them because I felt they could run...

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The Difference Between Slow and Fast Moving Averages

  Have you ever gotten in a trade and immediately after, watch that position move against you like the markets were playing an evil trick? Now, if it has, don’t worry, it happens to everyone. However, if you are always getting stopped out, or if your risk vs....

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How to Recover After Losing Money in the Market

About ten years ago, I decided to take control of my personal finances after I found out that my advisor lost nearly half of my portfolio during the financial crisis. I decided to roll up my sleeves and get to work. There I was... at the age of 50, ready to embark on...

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Missing Trades? Try Executing With This Order Type

What if you could buy or sell a stock at the price you wanted? What if you never had to chase to get into a position? What if you could trade even if you weren’t by a computer or your phone? The answer is YES, you can!  (Today I’ll teach you how to place trades and...

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