Entries by Johnny Shankle

Will you be able to trade Options in your IRA?

In case you have not seen this, we wanted to inform you about a concerning new DOL Proposed Fiduciary Rule that could take effect Jan 2016. This change could impact how or if you can trade Options in your IRA. You can read more about it here: http://www.forbes.com/sites/ashleaebeling/2015/04/14/dol-issues-proposed-fiduciary-rule-2015-version/ Although the comment period for the proposed regulation has closed as of September 24th, 20015. You can still voice your concerns to your state representatives here: http://tdameritrade.com/takeaction If you have any other information that you would like to share, please comment on this post!  

Weekly Options: A business approach

A FUTURES MAGAZINE feature, By John Sarkett March 16, 2015 Dan Sheridan has seen the options business from both the institutional and retail sides. After 24 years as a Chicago Board Options Exchange market-maker and another 10 years as a options mentor for private traders, his approach has remained consistent: To be successful, you must treat options as a business.  “This is a craft,” he says. “We practice it daily. For those with the consistency and discipline, it becomes a good business.”  More recently, the practice has had a weekly focus. Weeklies have been the growth end of the options business. More contracts have come on board, and more volume is being traded. There are compelling reasons why:… To read the rest of this article, in which John Sarkett discusses Dan’s risk management style (trading options as a business) and shares Dan’s Nine-day RUT Iron Condor and No-Touch Condor, click here or visit http://somurl.com/futuresmag. Questions? Call us at 800-288-9341 or ask your question through email at info@sheridanmentoring.com.

Dan Sheridan is featured in the March 2015 issue of Futures Magazine, Check this out!

Pit Veteran Trader and Educator Dan Sheridan has been featured in the March 2015 issue of Futures Magazine for his work in training retail traders on how to generate weekly income. John Sarkett has written an article talking about how Dan is coaching retail traders on how to effectively manage and trade Weekly Options for consistent income. Dan Sheridan has seen the Options Business from both the institutional and retail side with 24 years as a Chicago Board Options Exchange market maker and another 10 years as an options mentor for private traders. His approach, however, has remained consistent: To be successful, you must treat options as a business. Let Dan show you how to properly manage your trades and learn the secrets to generating consistent monthly income. To learn more about how Dan can personally help you generate consist weekly income, call us today at 800-288-9341 or visit www.sheridanmentoring.com.