If stock returns are essentially random, the best prediction for tomorrow’s market price is simply today’s price, plus a very small increase. Rather than focusing on past trends and looking for possible momentum or mean reversion, you should instead concentrate on managing the risk within the trades that you have on.
Happy Weekend!
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
P.S. For live trade alerts, please check out our SOS Trade Alerts. We will be opening to new subscribers on Aug 3rd, 2021.
You can also check out my YouTube Channel at SOS YouTube.
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