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Wednesday, December 21, 2016

Use This Trading Tactic Today To Avoid Mistakes


One Option Trading Blog http://ift.tt/2hcoTtZ Posted 9:30 AM ET - The market is in pre-holiday mode and trading volumes are light. Seasonal strength will push stocks higher. I will not be trading the first 90 minutes this morning. Under these conditions moves are over exaggerated on the open and they often reverse. The bid/ask spreads are a mile wide and you are not in control of the trade. Yesterday I took a few positions and as soon as I got in I felt like the sand was being pulled out from under my feet by strong undertow. There was not a lot of volume traded as …

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