Quick steps for establishing a Trade Plan: Learn from others, test it yourself with small trades, tweak it and allow it to become consistent, write a trade plan with your rules and guidelines, trade bigger, build confidence and you have arrived! Talk soon, Al Losada...
If you trade credit spreads, I am sure you have had to defend a trade at one point or another. I typically roll it up or down and out depending on expiration, distance to the market and volatility. Talk soon, Al Losada Founder | SimpleOptionStrategies.com P.S. SOS...
Good morning! Hard to believe but stocks actually went down yesterday with the exception of the NASDAQ, which made another high. There has been a lot of support at the 4522 level on S&P futures that broke yesterday and now below that level. The jobs report on...
Good morning! I hope that you all had a nice long weekend. Futures are up slightly after the big miss on the Sep job numbers. Over the weekend I read several articles regarding inflation, jobs, the Fed, etc.., and things don’t look all that great. The good news...
If the trade is threatened and requires adjustment, it is no longer a viable as a new trade to take on. Adjustments are required twenty to thirty percent of the time, and on almost all occasions, we still come out positive. Talk soon, Al Losada Founder...
Good morning and Happy Jobs Friday! Job numbers big miss this morning at 235,000 but wages went up. So is bad news, really bad news? Clearly this will help the Fed keep the money printers printing.Prior to the job numbers markets remained in very tight range and...
