They say "Investing is hard"

Not everyone is a day trader, not every one is a swing trader, and even those that are only about 5-10% are what one could call “flexible” or “adaptable” from my years of personal experiences.

The Indexes got slapped down today. A few of our favorites as well as the new ones on the Watch List did too. Yet we here at theoptionscoach.net prospered today. SMCI had a stellar day closing up 15.79%…. We’ve talked about that one a few times recently. We actually even placed Bull Call Spreads on it last week which we closed into this strength here today.
In addition to that we day traded it today. Every green bar that you see represents a 23 minute time period. For todays day trades we bought on the bottom bars, sold on the top ones. We started the morning with an initial cash layout of only $600.00. We saw that today was going to be for scalping. At the end of the day that $600.00 turned into over $2,930.00….. Or 388%….. We day trade in zones like this when they are present, and ride trends when they are there… Being able to go from a “trend” to trading a “zone” takes flexibility. An investor has to dismiss his / her thoughts, feeling or opinions and simply follow the price action.

SMCI had a good day today, but do you know what did even better?
GEO….. Remember GEO? How a little over a week ago I mentioned that it carried the same characteristics of when we were heavy into CAT? We even showed some charts of GEO…. Well today was it’s day closing up 2.35%
But you know what? Our percentage gains from the positions we entered last week on GEO are greater than the percentage gains we made today on SMCI
How’s that even possible?? SMCI closed up over 15% GEO only up over 2%
Pricing, and timing….. I’ve shared 1,000 times before that time matters for pricing in stocks and Options both. Being flexible matters. The type of investor you are, day trader, swing trader or hold and hope, keeping the strong, losing the weak, has never broke an investor yet.

This chart of GEO was from last Friday, before it rose 2.35% today

Oil is still rising. USO is now up 12% since we mentioned it last week. Keeping a watch list counts, but it doesn’t help if your not willing to utilize it. Tomorrow is another day

The Options Coach