This morning, Suz Smith joined me for an information-filled webinar that extended longer than the intended hour. We covered some of the most important options trading strategies we rely on and discuss every day in our chat room.
Suz started out talking about trading timeframes, and then we pivoted to talking about the current market and where it might be headed. At new all-time highs, it is becoming difficult to put new money to work, so we expressed caution about buying new ideas.
Next, I presented a segment about the importance of flow and how we see it regularly during the trading day. It’s not rocket science; it’s simply seeing where the big money is moving into and out of.
Finally, Suz covered risk management – such an important part of trading success – including parameters and using stops as a control device to get out of a trade gone bad. Take a listen below to learn more.
