Few words about current trading environment

luckystar2006

We are currently in a trading range for the past 2-week where nobody knows which side market will break eventually.  That said, unless you are a pro day trader knowing how to trade in a range, ST to MT traders will get killed on both bull and bear sides because ST/MT signals don't work well in this environment.  I mean those who trade options/ETF products with time-decay involving.

Maybe it's time to stop trading while waiting for a clear direction to trade; hence we avoid accumulating any loss or further losses on both sides.  In the meantime, I sleep better at night knowing that I don't need to worry about holding any big position ATM.

风行过

thanks and good luck!

luckystar2006

wysisyg

鲲鹏展翅

谢谢指教

sorry

i closed my calls last Thur with -40% hit, will reposition this week.

this decay is not fun.

georgeyn

luckystar2006

Look like day traders going in to buy again as soon as it hits lower trend line....

秋雨

Thanks for reminding.

luckystar2006

Just in case WANNABE bears missing out this pbar

xiangcaohello

luckystar2006 发表于 2016-8-1 10:19 PM
Just in case WANNABE bears missing out this pbar

what does this pbar means?