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How to trade today’s market?

Last night I wanted to buy SPY puts right at the open of the trading session, but then when I saw futures pointing to market opening 2.5% lower I decided to wait and see the action before jumping in. If the market opens that deep, it may stay flat or actually rise. And sure enough, at the open, the market was rising. Jumping in it right at the opening would cause me losing money from the beginning. So I decided to wait and open a position at the very end of the trading session if at all. Let’s see, what the market has ready for us and wait. I also closed my XLE position this morning with a very nice profit ($290 per contract). Now I will be waiting for the last 15 minutes of the trading and then I will see.

Happy trading!





2 responses to “How to trade today’s market?”

  1. Travis says:

    Investment strategy…

    […]How to trade today’s market? | Hello Suckers …[…]…

  2. Rudy says:

    Stocks…

    […]How to trade today’s market? | Hello Suckers …[…]…

  3. Yoly says:

    Happy Trading to you too!

  4. Craig says:

    Options trading…

    […]How to trade today’s market? | Hello Suckers …[…]…

  5. Marc says:

    Investing…

    […]How to trade today’s market? | Hello Suckers …[…]…

  6. Mark says:

    It depends on your strategy and guts. If you have time watching market regularly (not saying daily) then you can trade ranges, otherwise stay out.

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