I think the biggest takeaway from last week coming into today was, again, patience.
Battles are not won with impatience. The other side of your trade won’t surrender at the site of your presence. If there is one recurring theme we’ve had on this blog time and time again – it is that the biggest money will be made when you sit tight. Not when you take actions dictated by emotion.
After Hours with Option Addict members – our objective two weeks ago was to determine where money was slowly being positioned coming into this month. Now here we are with the bulk of our positions on the top gainers list. Makes you feel like a champ, especially considering the SPY camp is +$0.44 today.
We’re not taking a complicated approach to this. The methods we’ve worked on are simplistic, and produce amazing returns. This is what they call “alpha.”
I’m building my buy list today, which will in turn make me a very wealthy man into year end. Stay tuned.
OA
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