Futures are down to flat this morning and regardless of why, it makes sense for the market to take a few days to digest a 6% move higher with several all time highs. Companies are producing huge amount of cashflows even with prices moving higher. It’s going to...
You wait to take losses hoping that the losses will turn into gains. This is probably the most prevalent example of greed. You wait and you wait, hoping that the market is going to turn around for you. And guess what? It almost never does. Stick to your trade plan....
A slow and steady slide in the dollar is bullish since it provides pricing power to companies that have multinational operations but a move down so quickly typically signals that something is wrong with the economy especially with bond rates moving in the same...
Why don’t we get out while things are moving higher and we have a nice profit? Because we always want more and we stay on to try to get every last penny we can. That’s called “greed”. So when the selling starts by those pros that have been...
Good morning & Happy Friday! We have now had seven straight days of gains on the SPX. I have not looked but I don’t think that has happened or at least not very many times. I have closed all of my bullish credit spreads for nice profits and now waiting for...
Remember that the most important thing as a trader is to be consistent and not to try to get that one big trade. Take those smaller profits and try to get them frequently. Talk soon, Al Losada Founder | SimpleOptionStrategies.com P.S. SOS Trade Alerts is currently...
