Recent content by spy guy

I concur

I concur dont feel like you have to be in the market everyday, wait until it looks right for you, I am out of the market more than I am in it and it works for me

I don't follow any one trader, I follow the market and try to get in tune with its movement

I like to tell people what I trade "spy options" it creates more volume for what I trade, which is selfish of me. but I also tell how I trade which does not make them an instant winner, my method of trading cant be taught because I trade by feel or instinct by watching the movement of the...

You seem to have a plan in place that works for you stick with it there are a lot of good ways to trade

No I take the money by feel because the market can take it back quickly

Sounds like a good plan

I use monthly options 3 months out I don’t let anything expire I sell with above market limits

I don't diversify I only trade spy calls and puts, just one strike at a time, I can tell when to act by the rate of movement, I only buy and sell spy, I get in tune with it. this works for me in all markets, up, down or flat. I don't worry about diversification because I am only in the market...

I concur. I could show someone what I do but I cant teach how to react to what the market does. many systems are good but without the feeling of knowing when to act they may not make money

yes I am one of those who make a living trading options. I use 100% of capital and sometimes I am 100% in the market with options. I only buy calls or puts directional and sell as soon as I have a good profit. some days I am 100% out of the market, I only stay in a short time same day out up to...

the market can make us all feel dumb at times

Yes we have to be careful this is real money I sell everytime I have a profit then repeat for compounding

Keep it simple it works for us self taught guys

I always have some very low buy orders in place for big market drops. I was in cash when that took place. My buy orders filled I sold before close for a $10800.00 profit I love big bad news because I only hold a short time and only get in big on big drops