bob-lang

Bob Lang

Founder and Portfolio Manager — Bob has been trading options for himself and private clients for more than ten years. He uses a unique combination of technical indicators to find the best trending stocks that exhibit enormous velocity and ferocious movement. He often gets in front of these moves before they happen. Patience is Bob’s greatest trait — the chart pattern being the only reason to enter/exit a trade. Prior to this venture Bob managed portfolios for bigtrends.com, turning Grandslam and Extreme Options into the strongest performers in the company. Prior to Bigtrends, Bob worked with floor traders at Countrywide Capital, which came after Aztec Partners Limited Partnership. In the 90's he managed the Sunkist Growers 300 million dollar pension fund.
  • Feb 21, 2017, 9:30 AM

    The Old Four Horsemen Are Riding High

    The four horsemen of the Apocalypse were so named in the New Testament of the Bible. They are a symbolic prophecy of the subsequent history of the Roman Empire.  In today's market world we often talk of the leading technology names, or 'horsemen' being Facebook, Amazon, Netflix and Alphabet (Google), which form the acronym FANG for which Jim Cramer and I together named this group back in 2013 on an episode of Mad Money.  These are the growth names of the present and future, the best of[...]
  • Feb 13, 2017, 10:00 AM

    Listen to the Message of the Markets

    There is no disputing the fact markets are in a bullish trend right now.  Since the election there has been few corrective days, and that seems to disturb some people.  Investors prefer to wait for those dips to buy, but that was require superior timing and execution.  Some are very good at this skill, and using technical analysis gives one a leg up on this timing - especially when the signs point to an overbought condition. As a technician, I look at many different indicators that[...]
  • Feb 6, 2017, 3:07 PM

    Breaking Some Bad Trading Habits - Part 2

    Last week we gave out a few bad trading habits that many of us seem to suffer from.  However, we are all different and have certain habits that make us feel comfortable.  Yet, some habits should be broken and not encouraged, as they will make us vulnerable.  I asked some of my close colleagues in the chat room what habits they could identify that hinder their performance, and which ones they need to break.  Some of these are below.  Your job - if you identify with any of[...]
  • Education | Strategy | Jan 30, 2017, 3:38 PM

    Trading to Win? Break Those Bad Habits

    We are all creatures of habit, and with so much going around us in our lives at the speed of light we tend to fall into some set routines. That is often the case for us as option traders, and while some routines are efficient and allow us to make quick decisions, others can be quite harmful and cause some dangerous missteps.  Many of us are unaware of these habits, they become instinctual.  When that occurs the bad habits become tough to break. Our habitual characteristics are different[...]
  • Trader Talk | Jan 17, 2017, 11:49 AM

    Jesse Livermore: Lessons From the Greatest Trader

    From the Mind of the Greatest Trader - Jesse Livermore Starting the new year is a great time to reflect on what happened on the past but also to look ahead of what's to come.  My reflection is about my trading history and analyzing where I can become better.  I also look to others to see where I can pick up ideas to improve.  One of my favorite trading books of all time is Reminiscence of a Stock Operator by Edwin Lefevre.  It is the true life story of Jesse Livermore, a stock[...]
  • Education | Jan 9, 2017, 10:57 AM

    Master the Four Fears of Trading - Part 2

    Last week we discussed two of the four fears of trading, specifically the 'fear of missing out' and the 'fear of loss', today we'll discuss the 'fear of being wrong' and the 'fear of letting a gain turn into a loss'.  Famed trader psychologist Mark Douglas talked about these fears in his stellar book 'Trading in the Zone'.  As traders and investors we all become gripped by the violent reactions of our own emotions. There is nobody who is immune to emotional responses to changes in wealth. [...]
  • Market News | Education | Jan 3, 2017, 10:23 AM

    Getting Past The Four Fears of Trading - Part 1

    As we embark on a new year, we can learn from the past to help us bolster our efforts into the future.  Change is always good, but there are some things very tough to alter - our emotions.  Try as we may to check our emotions at the door, as traders/investors there is often too much going on to just be emotionless.  When money is on the line we suffer from the emotional responses of fear and greed.  We are ALL wired this way and find ourselves somewhere on the spectrum - there[...]
  • Market News | Dec 27, 2016, 9:35 AM

    Improve Your Trading, Know Thyself

    If you have been following me for some time then you know I'm all about learning, self-improvement and advancement in trading.  Eyes wide open, ears perked up.  Those who choose to move forward and become better are those who see the opportunity to learn at every turn, be it an obstacle or a wall.  We gain knowledge from each experience good or bad, we learn about ourselves and others. How we react to situations and events is a sign of how far we have in our learning.  Trading[...]
  • Market News | Education | Strategy | Dec 19, 2016, 9:33 AM

    Learn Trading in Different Dimensions

    As traders and investors, we often see outcomes through the prism of win or lose. We will all have both over time, trading is not a game of perfect.The goal of course is to win more than you lose. Some measure their success where they make it into the win/loss column, and while it's true we can only grow our accounts with more wins than losses, to me it's not the only measure of success. But one of the toughest emotions to overcome is a bias toward direction, when what really needs to be examined[...]
  • Market News | Trader Talk | Dec 12, 2016, 9:56 AM

    Is The Fed Still Relevant? Markets Say YES!

    While it may seem stocks have been surging higher since the election a month ago, some areas of the market have stalled out and have retreated.  The Fed will meet this week, and with markets at all time highs and broad sector rallies around each turn it appears there is not a weak spot to be found.  Many bears have started to capitulate, and while this is more a process than an event we must continue to be aware of the bogey that could halt this tremendous rally.  None other than the[...]
  • Market News | Strategy | Dec 5, 2016, 9:06 AM

    A Market Under Distribution Has No Mercy

    After a robust market rise on good turnover after the election, we find ourselves a month later wondering what is next.  Many thought a Trump victory was indeed the elixir needed to get the economy and markets moving, and that sentiment was pronounced immediately with a bullish market response.  Further, bonds were trashed, an amazing allocation shift that happened swiftly and with bold strokes. Markets tend to punish complacency when you least expect it.  As the volatility was sucked[...]
  • Market News | Strategy | Nov 28, 2016, 9:15 AM

    Metals and Mining: Buyers Transition to New Groups

    Over the past several years we have seen selling pressure intensify in metals and mining names as policy directives shifted away from this group. Not only was less money invested in coal, copper, materials and the like but costly regulations put some of these companies against the wall, and in many cases out of business totally. Stocks like Cliffs Natural, Freeport McMoran and US Steel are a shadow of their former selves. Once boasting robust stock prices and strong balance sheets, these and many[...]
  • Trader Talk | Futures | Nov 21, 2016, 9:02 AM

    Bond Market Moves May Lead to - 'Normal Markets'?

    The amazing sell off in the bond market over the past couple weeks since the election ended did not go unnoticed by market players. I've seen a ton of articles now proclaiming the 'bull market in bonds is over', and the 'bear is going to growl over bonds'. Yet, the long bond has not even reached the highest levels seen in 2015! All the sudden, the calls for the end of the bond bull are everywhere? It might be true, but color me skeptical (so far). How many calls for this bond market bull to end?[...]
  • Market News | Nov 14, 2016, 9:20 AM

    Why A Trump Presidency is Fed Positive

    Many were scared of the reaction to a Donald Trump presidency, even the Federal Reserve open market committee. How do we know that? They telegraphed the uncertainty in their statement following the November 2 meeting. Well, not in so many words but they certainly telegraphed their intention to hold off in November raising rates, fearing some sort of backlash and financial calamity could ensue post election. This was a similar stance as before the Brexit vote, and while there was a decent amount of[...]
  • Trader Talk | Election & VIX | 2016 Recap | Nov 7, 2016, 9:04 AM

    Comparing the Election to Brexit

    From a market perspective, the outcome for this week's election is similar to the brexit vote in United Kingdom earlier this year.  That is, a binary event where one extreme outcome is likely to trigger several emotional responses.  Remember much of the worry over brexit prior to that critical vote?  Wait, there was none?  No, I don't remember it, either.  Leading up to the brexit the polls seemed to be convinced voters would not push the referendum through. In fact, lawmakers[...]