AI and 2nd Order Thinking – Your Path To Trading Greatness
Larry Connors’ Trading Lesson of The Day | October 1, 2024 I’d like to share with you a link to a letter Howard Marks, one of the greatest investors of our lifetime, wrote in 2015. Click Here to Read Howard Marks’ Letter The letter stems from a conversation he had with Warren Buffett’s business partner, the great […]
One More Asymmetric Trade Setup
Larry Connors’ Trading Lesson of The Day | September 23, 2024 Today we’ll look at another simple way to structure trades for asymmetric returns. It’s a good one. This one combines a leveraged ETF with an OTM put for protection. Let’s focus on Single-Stock ETFs because their growth has been rapid and more are being brought to […]
“Heads I Win A Little; Tails I Lose A Lot!”
Larry Connors’ Trading Lesson of The Day | September 19, 2024 In yesterday’s issue of my Trading Lesson of the Day, we looked at one of the most basic asymmetrical trades available for traders; long options. It’s one of the best “Heads I Win, Tails I Lose A Little” strategies to optimize for asymmetric returns. When done correctly long […]
“Heads I Win; Tails I Lose A Little” | Part 2
Larry Connors’ Trading Lesson of The Day | September 18, 2024 Over the past two Trading Lessons of the Day, we’ve looked at Asymmetric Trading, one of the main drivers of wealth creation for traders. The goal is to identify high-conviction positions and then, more importantly, structure your trades where your potential returns are many times your […]
“Heads I Win; Tails I Lose A Little” | Part 1
Larry Connors’ Trading Lesson of The Day | September 17, 2024 In our previous Lesson of the Day, we saw the words of 20 of the more successful traders and fund managers in history all share the same sentiment: asymmetrical returns are the key to success and wealth creation in the markets. Today, let’s begin […]
The Holy Grail – Asymmetric Trading
Larry Connors’ Trading Lesson of The Day | September 13, 2024 Do you want to know the secret to becoming extremely successful in trading? We all do. And there are many. But in order to create the greatest amount of wealth for yourself, the holy grail of trading comes down to only a few key […]
What’s Better Than Stops?
Larry Connors’ Trading Lesson of The Day | September 12, 2024 In the past three lessons, we looked at the many reasons why stops are not the fool-proof risk management tool that so many people advocate. We learned how one of the legends in the hedge fund and trading industry, one with decades of tremendous […]
Stops Hurt!
Larry Connors’ Trading Lesson of The Day | September 11, 2024 In the past two trading lessons, we looked at one of the greatest hedge fund/traders in history stating that stops are “the dumbest concept” he’s ever heard, along with me walking you through the fact that stops do not protect you for over 80% […]
“Dumbest concept I’ve ever heard.”
Larry Connors’ Trading Lesson of The Day | September 10, 2024 Yesterday we began the process of looking at stops with billionaire hedge fund manager Stanley Druckenmiller saying “I’ve been in business since 1976 as a money manager, I’ve never used a stop loss. Dumbest concept I’ve ever heard”. How could this be? How […]
Billionaire Trader Confesses He Never Uses Stops!
Larry Connors’ Trading Lesson of The Day | September 9, 2024 Stan Druckenmiller is a legend in the hedge fund and the trading industry. A self-made billionaire, Druckenmiller’s performance for both his publicly traded hedge fund and his family office ranks amongst the best in history. According to numerous sources, Druckenmiller has achieved 30% annualized returns (after […]
Asymmetric Trading – Maximizing Your Returns With AI Single Stock Leveraged ETFs
Larry Connors’ Trading Lesson of The Day | September 6, 2024 In yesterday’s issue of Larry Connors’ Trading Lesson of the Day, we learned about one of the fastest-growing areas in trading – Single-Stock Leveraged ETFs. We also learned that historically, when the 4-period RSI has closed under 10 for many of the big-cap companies that have Leveraged ETFs, […]
Trading Single-Stock Leveraged ETFs For Historically High Percentage Gains
Larry Connors’ Trading Lesson of The Day | September 5, 2024 A number of traders have reached out to me recently asking me about Single-Stock Leveraged ETFs. They’ve become one of the fastest growing areas in trading, providing traders with additional leverage to trade their favorite stocks without taking on any additional margin. Today’s lesson will […]