Only Losers Average Down
Great strategies are useless if you don’t trust them. If you aren’t going to follow a system that has a backtested track-record, then why are you trading?
Calling the Shots
So, I’ll present you with one simple strategy that has served me well for many years. The 60 delta/60 DTE call option.
Why the Hell Did I Lose?
Despite detectable patterns and trends, the market often makes completely unpredictable moves. To be consistently profitable, you must analyze each of your losing trades.
Surviving the Coming Collapse
What’s more, the big institutions aren’t going to suffer – it’s us retail investors and traders. It’s Wall Street against Main Street.
Type Theta+
We are in a bear market, and if your general outlook is bearish then you might only be looking for short plays.
Drowning in the Weight of Your Opinions
We are in a bear market, and if your general outlook is bearish then you might only be looking for short plays.
Sharpening your Trading Edge
Directional plays like long calls and call debit spreads could easily get slapped back down as the price moves into an area of supply. Sellers congregate at these levels creating a supply zone.
Take it to the Bank
When I look at a potential trade set-up I tend to rank it depending on how strong my indicators are flashing. There are great set-ups, good set-ups, and risky set-ups.
The 2023 Outlook – What I Expect
I suppose it’s the curse of every professional trader. As much as I try to sidestep macroeconomic forecasts, it seems that everyone wants to know what I think will happen in 2023.
Last Minute Profits – 0 DTE Spreads
Some of the most profitable strategies we’ve used over the past couple of months have been credit spreads and iron condors.