April 11th Market Direction

Options trades with candlestick analysis greatly improve the probability factors of being in a profitable trade. Option trades put into place when all the stars are in alignment not only improve the probabilities of being in a correct trade but improve the probabilities of being in a very profitable trade. Step one on any trade utilizes the analysis of the overall market trend. Candlestick signals and patterns produce the initial trade factor by allowing the candlestick investor to be more oriented toward the long side or the short side. Obviously, the recent downtrend was revealed by candlestick sell signals in the indexes in the overbought area. This made scanning for the strong individual stock sell signals better probabilities. Knowing the direction of the market, and the direction of an individual stock price allows for very good option trade setups. However, the mistake most investors make is thinking buying puts or calls is the best strategy. Simple option trading techniques such as credit spreads or debit spreads are usually much better trades strategies. Join us on April 23 for a full-day training on applying the correct option trade strategy with the correct candlestick signal/pattern. The insights that you gain from this type of training dramatically improve your correct trade ratio. Will you always be in a big price move trade? Definitely not, but the probability of being in a big price move is greatly in your favor when utilizing candlestick analysis.

 

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Good Investing,

Stephen Bigalow

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