It was another profitable week for us at SPX Option Trader! We ended this past week with +101% ROI in our SPX weekly option trading, and +107% ROI in our SPY weekly option trading, +33% ROI in our SPX Binary Trader and +51% ROM in our SPX Spread Trader. There were several days this week where greater profit was possible if we had held our positions longer than we did. Knowing when to exit is always a struggle. Most traders feel great when they get out at the perfect time and feel horrible if they exit just before the run. Part of being a successful day trader is to accept that you will rarely get out at that perfect price. There will be days where you exit just before the market explodes in the direction you wanted. Those are frustrating days, and we experienced that this past week. But we have learned to accept it as part of day trading. When you have a solid trading strategy, you don’t let those days shake your confidence. Learn from each trade, and don’t become consumed with the ones that get away. All in all, it was a good profitable week of trading. We look forward to another exciting week of day trading SPX and SPY weekly options ahead of us! Below are our comments for each day of the week:
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