The Greedy Beast
Retail traders don’t create market waves, but we can ride those created by institutional traders. We just have to have a proven system based on statistical probability.
Retail traders don’t create market waves, but we can ride those created by institutional traders. We just have to have a proven system based on statistical probability.
“After all, aren’t day traders furiously clicking buttons and tracking patterns on a 30-second chart? Personally, I don’t know anyone who trades that way – even intra-day. For the most part, only computers trade that fast.”
The market may dip and dodge and dive. The volume will spike and price might bounce around. But as soon as it’s over, we’re returning to whatever trend is in place.
Do you consider yourself conservative? And no I’m not talking politics here. Those should have nothing to do with trading.
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?
So, I’ll present you with one simple strategy that has served me well for many years. The 60 delta/60 DTE call option.
Despite detectable patterns and trends, the market often makes completely unpredictable moves. To be consistently profitable, you must analyze each of your losing trades.
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.
HIGH RISK WARNING
Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. RogueInvesting.com provides general advice that does not take into account your objectives, financial situation or needs. Under no circumstances shall the content of this website be construed as personal advice. In the event you are using leveraged products to trade, the possibility exists that you may sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.
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