Trading is not “hard”… if you have the right tools.
Yeah I said it. Anyone telling you trading is “hard” is not using the right tools. In this day and age we have many tools at our disposal, particularly with the advent of AI, and there are many tools for each style or strategy. So there is no excuse for not being able to find what works for you. You just need the time to research and find it.
In my case, I found a strategy that fits my trading style (scalping options contracts) and stuck with it.
The strategy I’m using is to spot a trend (up or down), wait for consolidation (drop in volume while pice hovers), enter a trade when the momentum continues in the same direction with higher volume for conviction. Use EMAs, SMA, and VWAP as confluence (e.g. if price is above all of these for uptrend). Stop loss should be at the consolidation level prior to entry, and it gets moved periodically as the trend continues (trailing stop).
In the screenshots you will see the entries after a trend is confirmed and consolidation has already occurred (Green for Calls, Red for Puts), dark green labels are for trims/take profit, and yellow labels are hard exits where the price breaks the trend.
So, there’s my strategy and my tool (built it for TradingView) which takes care of all the legwork. All I have to do is follow the tool, manage my risk, and make profit.
See! It’s not “hard”!
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