If You're Not Buying

You Are Not A Trader

It’s quite simple, folks. Sell when they buy and buy when they sell. Guess what they did today? They sold. Guess what we did, around fifteen minutes before the market closed? We bought mostly eight and nine-month out-of-the-money calls.

I did not have time to post earlier. I was busy. How about you?n Kept enough powder dry just in case this “sell-off” carries forward. I don’t think that’s going to happen as the VIX couldn’t break higher. I’ve been wrong before, so do your own due diligence.

Yes, my darker-looking days are followed by sunshine. You have to buy when those who lack a “real set of balls” sell. Worst case, you’ll be wrong for a short period of time, that’s why I buy long-term call options. Hope you did, and thanks for reading.