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Sun, Mar 24, 2024 03:01 PM
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March 24, 2024 | You Don't Have to Marry Your Trades Hey, TheoTrader, I heard this time and again in
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March 24, 2024 | [Read Online]( You Don't Have to Marry Your Trades Hey, TheoTrader, I heard this time and again in my years at Thinkorswim: âI stuck with the trade⦠I really stuck with it with brass ones.. I rode it out but the market turned on me and I ended up with zilch.â These folks chased trades, tried to ride out the volatility of the market, and ended up getting burned. There are plenty of times when it pays to take the long view, absolutely. But Iâve always believed - and practiced - that trading should be quick. The trades Iâm all about take a week or two, three at the most. And they cost just a hundred bucks to put on. 55% in 15 days on XLE⦠57% in 19 days on JPM⦠55% in nine days on KO⦠49% in five days on TLT. Each one of those trades absolutely crushed the market in a matter of days - 19 at the outside. And they cost $400 altogether. Look, get married to someone you love - not an options contract. Let me show you how you can put these $100 âin/outâ trades on yourself. Once youâre comfortable, you can do this stuff dozens of times every day the markets are open. [And weâre talking a C-note here - small accounts welcome.Â]( [Check it out.]( Talk soon. Don Kaufman
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