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RE: My Trading Journey Part 2
Love that quote lol
I agree with what you said I used to buy options and the price would be up and I would be losing money and I was like what the heck is going on and then it dawned on me when I was buying somebody was selling and those are the guys that were making the money so I started researching and checking into that and that's when I started selling the credit spreads and the rest is history.
Exactly - when you are selling you have both the long-term market trend and time on your side. Seems to me the only way to lose is for the underlying company to go bust. So I now do 100% credit spreads, selling the bluest of chips or major indices
Cheers
I was doing those but now I do just SPX