Actually, sometimes they are the best place to be.
As some of you might know, I run a trading room. I have a great time with the community we as a team have grown it into so far.
Some of my time with my team is spent pointing out unusual options activity that I like.
But most of my time is spent answering questions about my own trading methodology because they seem to work pretty well. My answer is always that this is what works for me. If something else is working for you and shows you things more clearly than my set-ups do then there’s no need for you to switch.
Then I explain it to them anyway.
Back to the story at hand. The see-saw markets we’ve been seeing recently, the escalating trade war tension…it has people trying to catch wild swings, or end up losing on a ‘sure thing’ because the indices were weighing down the stock.[Read more…]