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Is there an ideal way to start growing the steadyoptions portfolio?


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Posted

Starting from not having any active trades, is there a best way to get started, i.e. any trades I should avoid? 

I ask this because it seems like a decent number of SO trades are put on to balance the portfolio, but if I'm starting from scratch I don't have a portfolio yet.

I'm planning to start trading in January, should I just jump into trades as they come?

Posted

I believe starting with new trades is the best way, but you need to understand if a new trade is a good trade by itself (most are) or it's more a hedge to existing trades.

Posted

It is also best to understand what environment or day is best to enter a given position.  For example with today's large move up good candidate to enter might be one that is lower than the alert price due to a market move. (i.e.  VXX bullish butterfly )

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