Consistency is Key

No matter if the market up-trending, down-trending or moving sideways to achieve lasting success consistency is key.  I trade stock options because no matter the condition of the market there is opportunity to make a profit.  Most options services like to hype the big percentage returns that options can provide but I prefer to focus on the consistency of my win/loss ratio.  To prove that point Right Way Options has traded an account “live” in full view of the membership.  Starting with $10,000 on Jan. 1, 2017 and trading small one, two or three contract positions.  The win/loss ratio ranged between 65% and 75% winners holding only 5 to 7 trades at a time.  Focus on consistency and money will take care of itself.  Currently up more than 90% this year.

I’m not telling you its easy.  Trading consistently requires hard work, determination, planning and discipline.  The good news is that anyone can learn trade consistently.  Trust me if an old carpenter can support his family for more than 12 years from trading profits, any one can!

Recently Closed Trades

CSCO 17% • BAC 31% • CREE 48% • WMT 245% • NFLX -40% • STX 42% • 2^nd CSCO Trade 30%

Today’s Market Prep Note

Yesterday the Tax Reform bill appeared to be a slam dunk and a vote to was expected to happen at any time.  I mentioned yesterday the next couple weeks could be bumpy as all the political drama unfolds.  Last night’s delay has the Washington spin machine at high speed with both sides churning out more and more dramatic rhetoric.  Listen closely, and you can hear the dramatic music reaching a crescendo.  One side vows to save the day while the other promises to fight to the death because of horror this bill will bring.  Blah, Blah Blah!  Unfortunately, the stock market is directly in the line of fire.  Traders should be very cautious.  Violent price shifts are possible in either direction so plan your risk accordingly.

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Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only.  Terms of Service.

Doug Campbell is not a licensed financial adviser, nor does he offer trade recommendations or advice to anyone except for the trading desk of Right Way Options Inc.