June 27, 2017

Options Indicator in a Neutral State – Remember, Patience is the Key to Any Successful Options Strategy.

No trade today - the risk/reward is just too high at the moment. I would rather sit patiently on the sidelines for a better set-up to come my way. This is how to successfully play the options market or any market for that matter. Any trader with staying power will quickly tell you that patience is imperative when trading, particularly when trading options. My true focus and the focus of my¬†options strategy is to find extremes in the market. Lately the major benchmarks and the sectors I follow just want to sit in a neutral state. That is fine, extremes will hit the market as they always do and I will be waiting patiently to jump on those opportunities when the arise. Remember, patience is the key for long-term success in options … [Read more...]