Hello,
the price action is scammy these days (see also the linked idea). 5 wicks in 2 days to liquidate both shorts and longs (the first one occurred on Gemini only). This means a big move is in the air, just the market makers don't want you:
1- to know which direction
2- to profit from it even if you know the direction
Because even if you are right, chances are that you get liquidated by one of these scammy spikes. Or, you lower your leverage to 1x (or below) but in this case you are doomed to hope for ahuge move to gain few pennies. Trading these days is gambling. Actually, even worse, at least in gambling you have a 50/50 probability and a reward of 2. This is more of a lose-lose situation.
BUT, it is the perfect (even more perfect than usual) environment to use options, both to follow your views and to protect your capital. You even do not need to have a view! You buy a call and a put and you are covered in any scenario no matter what.
With options:
-No Stop Loss needed
-no liquidations ever
-leverage intrinsic as one the option features
- good sleep guaranteed
If you follow you know my view, but it is not even important what my view is right now.
The important is to trade smart
the price action is scammy these days (see also the linked idea). 5 wicks in 2 days to liquidate both shorts and longs (the first one occurred on Gemini only). This means a big move is in the air, just the market makers don't want you:
1- to know which direction
2- to profit from it even if you know the direction
Because even if you are right, chances are that you get liquidated by one of these scammy spikes. Or, you lower your leverage to 1x (or below) but in this case you are doomed to hope for ahuge move to gain few pennies. Trading these days is gambling. Actually, even worse, at least in gambling you have a 50/50 probability and a reward of 2. This is more of a lose-lose situation.
BUT, it is the perfect (even more perfect than usual) environment to use options, both to follow your views and to protect your capital. You even do not need to have a view! You buy a call and a put and you are covered in any scenario no matter what.
With options:
-No Stop Loss needed
-no liquidations ever
-leverage intrinsic as one the option features
- good sleep guaranteed
If you follow you know my view, but it is not even important what my view is right now.
The important is to trade smart
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Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
