WALLSTREET ARCHIVE

Dominating 2 large moves in Apple and Spy with call options

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In a week where much of momentum tech sector took a break Apple and the rest of the market rally to new highs. We profit on both AAPL and broad market SPY using call options

This week is proof yet again of the importance of trading quality over quantity.

Regardless if the market is making a new high every other day timing is the utmost importance of day trading and capturing large moves.

Many look to quantify their trades by attempting to scalp into multiple trades across the board in hopes that the one stock that does make the move will cover those that do not.  This type of strategy may work some days but in the long term does not provide consistency needed to profit week over week.

 

 

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