They control your actions and tell you to take profits when you should’ve just let the position run… or tell you to stay in when trades are falling apart. What I mean to say is that we’ve all been there before.
But what if I told you there’s a way to eliminate them?
If you learn how to use algorithmic trading, you’re not stuck watching the stock market 24/7… which if you didn’t already know from experience can be taxing to the brain.
And the best part is that if you’re on the wrong side of the trade, it’s the algo’s fault, not yours…
Lately, I’ve been talking about how much of a chop shop this market is — flip-flopping between being up and down… back up and down again…
And the market has kept this unrhythmic trend going all month, even during the meat of earnings season after strong reports from some big companies… companies not named Netflix, at least.
But if there’s one thing traders need to pay close attention to, it’s interest rates. Hell, it’s all I’ve been able to look at.
Traders need to be watching the 10-Year Treasury like a hawk. Right now we're hovering near 3%, and I expect it's going to come back down close to 2.5%.
If that happens, it should be off to the races for a bit for risk-on stocks like tech. However, the problem is it’s going to be back and forth like that all year long.
All the talking heads on Wall Street and in the media are trying to push for a binary market and easy outcome to all of this — accompanied by a soft landing or a crash. But it’s just not going to work out like that, especially with the market conditions we’re in right now.
So my advice to anyone trying to make it to the end of 2022 alive and with their accounts intact is to keep your trades small, easy and fresh.
“Hey Roger, this is an excellent primer for anyone wanting to get into Options Trading. Appreciate your generosity to let me have the ebook! Cheers!”
Uday M.
Correlation is a statistical concept that in simple terms describes the relationship between two or more variables. The relationship is positive when the two variables move in the same direction (both up or both down), and is negative when they move in opposite directions (one up, other down). An example of “perfect positive” correlation would be: Stock A moves up by 7%, Stock B also moves up by 7% (direction and magnitude same). An example of “positive” correlation would be: Stock A moves up by 7%, Stock B moves up by 5.5% (direction same, magnitude varies).
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