It was an abbreviated and choppy week for us at SPX Option Trader. We only traded 3 days due to the holiday schedule. We ended this past week with -56% ROI in our SPX weekly option trading, -65% ROI in our SPY weekly option trading and -16% ROM in our SPX Spread Trader. No one enjoys drawdowns, we certainly don’t. But we accept them as a part of day trading. When we have down weeks, we pause and remind ourselves of the bigger picture. The key to successful day trading is the long-term performance, not one day or one week. We’ve been trading for many years, and we’ve seen all sorts of markets. We know that as we stay consistent, we achieve success. So, we don’t let a down week discourage us. We look forward confident of better days ahead! Below are our comments for each day of this past week:
This content is for members only.