One book that comes up over and over again when I talk to technical analysts is Edwin Lefevre’s “Reminiscences of a Stock Operator,” written back in 1923. This book tells the story of Jesse Livermore, one of the greatest traders of the early 1900s, and certainly one of the most… Read More
Amber Hestla is Lead Investment Strategist behind Profitable Trading's Income Trader, Profit Amplifier and Maximum Income. She specializes in generating income using options strategies that minimize risk by applying skills she learned on military deployments and intelligence training to the markets.
While deployed overseas with the military, Amber learned the importance of analyzing data to forecast what is likely to happen in the future, a skill she now applies to financial markets. Prior to that, Amber studied risk management working undercover. While risk management is no longer a matter of life and death, she believes it is the most important factor in long-term trading success.
And although she makes her living in the markets, she continues to study the markets and trading daily. Her writing has been featured in trading magazines including the Market Technicians Association newsletter, Technical Analysis of Stocks & Commodities and Stocks, Futures and Options in the United States, and Shares, a weekly trading magazine published in the United Kingdom.
Have you ever stopped to consider all of the potential risks you could run into during your day? I don’t recommend it; it’s not a pretty picture. Every day, we face an almost infinite number of risks — yet we rarely think about them. It makes sense — if we… Read More
Selectivity has always been a part of my professional life. Whether it was during my time in the military or in my career as a trader, I quickly realized how important this skill is in determining success or failure. From my time in the Army, I can say with authority… Read More
We usually think of summer as the slow time of year on Wall Street. According to pundits,... Read More
We usually think of summer as the slow time of year on Wall Street. According to pundits, that’s partly because traders and investment managers are vacationing in the Hamptons. That might be... Read More
Editor’s Note: Today’s essay explains how Amber Hestla is using an options-selling strategy to safely boost her income every month using stocks she already owns. When this essay was originally published, her subscribers had just sold their first covered call on MasterCard (NYSE: MA)… now, they’re on their third MA… Read More
One of the best income strategies in the world involves a market some investors completely ignore.... Read More
One of the best income strategies in the world involves a market some investors completely ignore. It allows individual investors to generate income from the best companies in the world without... Read More
It’s one of the easiest and safest ways to generate 20%-plus returns on a regular basis. Once... Read More
It’s one of the easiest and safest ways to generate 20%-plus returns on a regular basis. Once you’ve mastered the technique, I wouldn’t be surprised if you stopped trading stocks or... Read More
My years in the military have allowed me to see the world in a totally different way. While deployed overseas I tracked IED locations, went on convoy missions and gathered intelligence from local villages. I learned the importance of analyzing data to forecast what was likely to happen in the… Read More
The idea of trading volatility is appealing to many investors. Because volatility rises when prices fall, volatility seems like it should be a hedge against stock market losses. In this way, volatility could act like insurance and deliver profits when stocks deliver losses. Unfortunately, volatility tends to make quick spikes,… Read More
Let’s be frank for a minute. After the pain and suffering caused by the global financial crisis, not to mention the losses many investors experienced, a lot of people still feel disillusioned with Wall Street. Maybe you’re one of them. I don’t blame you, if that’s the case. After all,… Read More