Outlook
We have been out of the market this week and last so far. We are not the type to "buy the dip" as the market falls. When you "buy the dip", you need to make sure the dip is over before you buy the dip. If you don't, there is another phrase you should know and that is "catching a falling knife". Catching a down move before it is over can hurt your account.
As for trades, our system has not produced trade possibilities for today. Yesterday, we had some interesting trade, but the available option expirations were not suitable.
Tomorrow or Thursday will have a better chance of entering a trade. The implied volatility is currently high which gives us more room to make a profit, and shorter-term options have a higher decay.
Watchlist
My watchlist is the list of tickers that I watch for my next trade. Not all of these trades are ready, my watchlist is POSSIBLE of trades. The watchlist can change from day to day, so always look for the most watchlist.
Long Trades
No Possible Long Trades
Short Trades
No Possible Short Trades
Economic Calendar
Tuesday October 05 2021
07:30 AM US. Balance of Trade AUG
Friday October 08 2021
07:30 AM US Non Farm Payrolls SEP
Documentation
Disclaimer
Simple Disclaimer: Trading is not for everyone, and you can lose a lot of money faster than you can imagine. Don’t trade with any money you cannot afford to use. Some or all of the trades posted here, I may or may not have taken. If you really want to know, ask me.