What to expect tomorrow
There are a couple things I look out for after weeks like this...
1. It's Friday, you will come to expect volatility on Fridays. Most MM don't hold over the weekends (and as a rule of thumb neither should you 😉)
2. It's OPEX. That's right monthly options expire tomorrow. Just one more reason to expect volatility tomorrow.
3. Well, history repeats itself. We've been getting the same intraday volatility all week. No reason to think any different. Plus Today's dex print is only slightly greener than yesterday's.
What does this all mean? Well I don't know about you, but I will be securing profit often and making sure a green trade doesn't turn red. Don't get married to a position or filled with "hopium" ( I hope my position goes up). With all this volatility, why not sell, secure profit and wait... be patient... wait for a better entry.
Trade the trend.
With ❤️
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TradingRoulette : Awesome!!!
intuitive Jackal_354 : wait till tomorrow morning when it falls off a cliff again
intuitive Jackal_354 : their dumping it by the thousands
intuitive Jackal_354 : it'll be under 6 before the after market closes
Violets intuitive Jackal_354: what will be under 6? snap?
Its LOVEOP Violets: it's heading that way. if not tomorrow, next week.
THEWIZARD :
Violets Its LOVEOP: I think you do a great job. I was so close to buying seven puts last week and I didn't and now kicking myself LOL