As said yesterday, I have highlight my last important view on Implied Volatility (but don’t tell anyone to keep this as part of your trading edge ;->)
Is implied volatility the TRUE SECRET indicator to use for forward looking when to portfolio manage vs day trade for short term profit? – See more
Details are in the exact link above!
This could be the key to long term profitable trading that the general retail traders might not know. From what I am learning, no matter how you trade over 80% of your time should be spent managing your portfolio (hello proper risk management?) vs 20% in day trading for short term profit potential. Why should we be focusing all this energy on model and strategy development when this appears to be a very short sighted way of trading. This is just a hunch at this point.
For my Elite members, I am focusing on this:
“Forward looking implied volatility enables shorter term trade vs portfolio management stance to look at long term time horizons”
– See more
If you are day trading all the time, you are at best handing back your profits to the market over the long run or losing most of the time. Hey no matter what you think of this theory, you are most likely going to be in the wrong but this is most likely the fundamental reason why most retail trader lose . It seems what you read is dead wrong as they are put out by amateurs who are either selling junk to you or really don’t know what really is going on – See more
Onwards and upwards as they say!NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!