Right now is a scary time to buy anything and hold.
The reason for it is everything suggests we haven’t experienced the worst to come with this market.
Between the results with the election that’s going to last well into Jan and the pandemic it’s going to get alot worst before it gets better.
The overrall trend seems to be “red” days followed by “green” days. Today and yesterday are great examples of that. Scalping is perfect for this type of tend. Make money when it’s going down and make money when it’s going up. I’m still learning how to capitalize and be felixible like that.
But overall the market has been bearish and it’s going to continue for awhile.
Yeah I'm trying to learn how to make money off of puts. I got to resist the urge to buy any contracts less than 6 months