Member
Posted 27 July 2018 - 12:39 PM
Haven't been writing about this lately because...
I didn't know it when I wrote it last November but as it turns out it is the most important post I've ever made in my endless pursuit of simplicity in the market.
Today's SPY 284 Put up 250% plus on a $10K trade.
I define a trending day as any time an options system day trade is up more than 100%, which has happened 25 days this year to date, 17% of trading days.
Edited by diogenes227, 27 July 2018 - 12:40 PM.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Member
Posted 27 July 2018 - 12:59 PM
My SAR system flipped back to short this morning... not sure yet on the degree of a top going here, but it is possible an IT top is in... twt.
Link to chart: https://postimg.cc/image/j02mmexdl/
