RagingBull chat room moderator James Morse has seen and traded almost every type of market and heard of every type of trade in the room.
This week, James reveals how he’s still able to lock in profits even in these markets. He’s managed to adapt his preferred trading style of selling options and options spreads with defined risk to these markets.
Additionally, James illustrates the value of knowing how to use Theta in his options trades. Theta measures the rate at which options lose their value as they get closer to expiry time. Currently, options trades can lose their value very quickly due to increased volatility and James shares how he’s playing trades, often the same day, and staying cash overnight to account for this increased volatility in trades.
Up The Stairs, Out The Window!
There’s an old saying that the markets go up the stairs and out the window! The market bombed recently at a speed that makes even the 2008 crash seem somewhat pedestrian by comparison, and everything’s been a wild ride in a perfect storm since then.
So, does James think that we’re at the bottom yet? Are we headed up from here? Or are we only in the eye of the storm and we’ve not hit the real bottom yet?
- What signs is James looking for to indicate we’ve seen a bottom?
- What wisdom does James have to share about how to trade these markets?
- How James started trading and how that is a perfect way to trade these markets
- The biggest fear of trading these markets right now
- How to test any trading strategy with no risk!
Join me, as James reveals essential trading tips that could save your ass-ets in these markets!