Monday, July 30, 2018

Most traders are directional or trend traders. The reason is because most of the information you will read and most of the trading courses you will take are based on that type of trading. Unfortunately many of those types of accounts slowly bleed to death because their always getting stopped out.

The big boys and the high speed computers know most of the retail traders are trend and directional traders. Everyone following the same technical indicators. MACD, Moving Averages, Bolling Bands etc. Everyone jumping in and buying and selling at the same time.

That's why the big boys will stop everyone out their positions over and over and over again. It's like taking candy from a baby. Except with everyone's money instead. They rob active traders bank account legally.

There are other sophisticated ways to trade. But the hedge funds and the traders that know how to do it don't share them with retail traders. If they did then it wouldn't be easy to take the retail traders money anymore.

1 Closed Trade Today: +36% Gain 7/30/18

July Total Closed Trades: 21 July Average Gain per Trade: +12.76% July Total Gain: +268%.

Current Short Term Outlook:

Bearish Oil & Gas Co's Bullish Gold Miners Bearish Volatility

Current Open Positions:

  1. XOP Puts
  2. GDX Calls
  3. VIX Calls (Short)

If you want to know more about my strategy just message me.



Submitted July 30, 2018 at 08:11PM by JayFig_The_Trader https://ift.tt/2LBiqaU

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