Hey Guys,
The market went up over the weekend. The S&P 500 is around 4,475 right now.
It's hard to get a read on which way the market is headed since it's going back and forth a lot. Lucky for me, I don't need to try to predict what it's going to do. I just stick to my plan and go with the flow.
And speaking of that, part of the flow is sometimes going through periods with no trades or very little trading activity. There are no new trades today, which makes more than a week with no new options trades. It's also been light on stock trading for more than a week.
That's all part of the trading experience, particularly with this backtested approach. Sometimes, intentionally staying away from new trades can be the most profitable thing that can be done. Ultimately, I don't want to take any trades that don't have a backtested edge. There are many periods in the backtest with limited trading activity, and so my task is to simply find a way to live with that so I can stay in lockstep with the backtest.
If you have any questions or feedback, I'd love to hear from you.