Jack Carter | October 7, 2024
Hey traders, If you read my series last week on two big events early in my trading career that turned Maybe now you’ve decided to sell options. Good call. But just like any other strategy, there’s a right way and a wrong way to do it. Over the years, I’ve seen countless people try their […]
Jack Carter | October 4, 2024
Hey traders, This week, I’ve been telling you about how I became an options seller after learning some tough lessons early in my career. On Monday, I shared why I sell options, and on Wednesday, I talked about the time I lost everything on a “sure thing” option trade. Today, I want to tell you […]
Jack Carter | October 2, 2024
Hey traders, In Monday’s post, I talked about why I sell options — because the odds are in my favor as the seller, not the buyer. But it wasn’t always that way for me. In fact, I had to learn this lesson the hard way. Let me take you back to a time early in […]
Jack Carter | August 29, 2024
Hey traders, It feels like the whole market was holding its breath for Nvidia’s (NVDA) earnings yesterday. There was even a watch party — can you believe it? But for all the hype, the stock didn’t move as much as I expected. Nvidia’s earnings were great — exactly what I wanted to see. They’re growing […]
Jack Carter | June 27, 2024
When I told you about my ADM trade yesterday, it reminded me of another time I made a similar kind of mistake in my trading. It happened years ago when I was about to head out on a much-needed motorcycle trip. I was in a hurry to get out the door, eager to hit the […]
Jack Carter | June 26, 2024
Have you ever heard the saying “out of sight, out of mind”? Let me tell you about the time that saying came back to bite me in the you-know-what. It must have been 5 or 6 years ago. I had just placed a trade on a stock I had traded a lot: Archer-Daniels-Midland (ADM). As […]
Jack Carter | May 27, 2024
You can’t give a young kid that much money — it goes straight to their head. I learned this lesson the hard way, back when I was just starting out and experiencing my first taste of real success. Picture this: I had just started working at a brokerage firm, and thanks to my Series 7 […]
Jack Carter | May 24, 2024
Let me tell you about the short that almost killed me. It was back in the mid-’90s, around 1996 or 1997. I had my own hedge fund in Boulder, Colorado. We were doing about 100 trades a day, so I was always taking shots at different trades. If a trade didn’t go my way, I’d […]
Jack Carter | May 23, 2024
Tuesday I told you about my first week as a new stock broker… If you haven’t heard that, go back and listen to it. In any case, Izzy guy placed a trade so bad, he passed out and fell flat on his face right in the middle of the office. And when I asked my […]
Jack Carter | May 21, 2024
Have I told you this crazy story from early in my career? Take a trip with me back in time to the 1980’s… New Kid on the Block I had just started working at a brokerage firm as a new stock broker. The area where all the stock brokers were was what they called the […]