indicaters do not work in this market trend!
today i'm righting a lesson on how to trade options in this crazy market. first you need to know, the same way you can make a ton of money, the same way you can loose as well in this kind of market...
the only thing that works right now is, chart reading, and the VIX { options volitilty and pricing}. oscilaters do not work right now.
what is osilaters? its all kind of indicaters including rsi, macd, moving avrege. etc....
regarding how the market is curently poforming, is a disaster... you need to play day to day options. its not worth holding over night. and aspechuly you can make a killing a lot of money day trading in this market.
i will right another post regarding the overall market news etc and what to expect... so follow me for more!
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learn how to trade, options trading like a pro.
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https://youtube.com/@thementortrades?si=jDRNOIrX8uVamdKn
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goatmaster721 : ok so what say you genie ?
The Mentor OP goatmaster721 : follow market trend. read daily chart. look at volume, IV. and most inportent, when the market moves with political news, go with feelings...
and follow me lol
goatmaster721 The Mentor OP : yea and tomorrow palantir will crash
Ninja_boi : I'm new to trading, wht will be today trend?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I followed u to learn more
The Mentor OP Ninja_boi : friday trading is very dificult today. if your not pro yet, i suggest d0nt trade i this market now.. wait untill next week
Bullsoldier164 : cooked todays market trend for +2,700
Ninja_boi The Mentor OP : thanks, I had clear it![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")