chrisag Posted December 26, 2018 Posted December 26, 2018 Starting from not having any active trades, is there a best way to get started, i.e. any trades I should avoid? I ask this because it seems like a decent number of SO trades are put on to balance the portfolio, but if I'm starting from scratch I don't have a portfolio yet. I'm planning to start trading in January, should I just jump into trades as they come? Quote
Kim Posted December 26, 2018 Posted December 26, 2018 I believe starting with new trades is the best way, but you need to understand if a new trade is a good trade by itself (most are) or it's more a hedge to existing trades. Quote
Rogers Posted December 26, 2018 Posted December 26, 2018 It is also best to understand what environment or day is best to enter a given position. For example with today's large move up good candidate to enter might be one that is lower than the alert price due to a market move. (i.e. VXX bullish butterfly ) Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.