This year’s been good to me so far.
I have changed my strategy from swinging options to day trading options on high volume/momentum stocks.
This is just something that I’ve found to be working well in my case.
I stopped overcomplicating my strategies. I would deep dive and spend a good amount of time figuring out which companies have upcoming events,how likely they are going to be volatile, volume. But I found myself positioning myself whether too fucking early or too fucking late. Most of the time it’s a day or two earlier than the actual action. #CRM is a good example.
Anyway, so instead of trying to time the market and predict it, I just wait for the action to happen and I pick the options on the first pull back of a major move. So far, this’s been working well with me.
It’s nothing too crazy of course, but what matters in my mind is that it is consistent. Idgaf if it’s $70 a day, it is still $2100 a month.
Btw, my first ever post here.