It was another profitable week for us at SPX Option Trader! We ended this past week with +123% ROI in our SPX Daily Outlook trading, +116% ROI in our SPY Daily Outlook trading, +72% ROI in our SPX Aggressive Trader, +80% ROI in our SPY Aggressive Trader and +37% ROM in our SPX Spread Trader. Patience is a key for all day traders. Now, that sounds the opposite of what day traders are known for, when we can be in and out of a trade in only a few minutes. But those few minutes can feel like an eternity when the market is going against you. A trader must learn to wait, to let the market move. Don’t exit just because it is going against you, and don’t exit just because you have a profit. Be consistent in your approach, have a strategy to follow when to exit a trade. Don’t be afraid of a losing trade, or of missing out on profit. This is where using our service can be of great benefit to traders. We provide a forecast for the direction of the day, specific target prices to watch and guidelines to follow. We know that no matter what happens today, there will always be another trade tomorrow. Over the long term we have been successful using the information provided in the Daily Outlook. So, we wait to enter or exit a trade, until our guidelines suggest it is the best time to act. We rarely ride a trade to the maximum potential profit, but our approach has been successful over many years. This is how we had another profitable week, by using the information in the SPX Daily Outlook and patiently staying consistent. We look forward to another exciting week ahead of us day trading SPX and SPY weekly options. Below are our comments for each day of this past week.

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