Sunday, June 15, 2008

Market Conditions - Are they really important?

The beauty of credit spreads is that they work in a bullish, bearish, and sideways markets. It’s amazing that sometimes even when the trade is wrong, we still can be profitable. That’s because we leave ourselves lots of cushion in our trades. Keep in mind that past performance does not guarantee future results, but how else would you evaluate any trading system? Remember, the professionals are option sellers not buyers. That’s why close to 80% of all options expire worthless. My subscribers are the sellers looking for that high percentage trade and income month-after-month.

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