The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#498 - Here's A Better Alternative To Swing Trading Stocks
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:18
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, I want to give you a better alternative to swing trading stocks. We often get people who come to Option Alpha who are recovering swing traders. And I say recovering because they tried swing trading or day trading before and ultimately determined that it didn't work for them or that they basically just didn't generate enough money doing it. And so, the alternative to truly swing trading a stock where you are physically buying the stock and selling the stock using technical or swing trading indicators is to just use options whenever you get into a swing trade instead of the underlying stock. Now, we know that stock is incredibly inefficient on the outside already, but when you actually use stock for the purposes of swing trading, it can be really hard to make money because you basically buy the stock at a certain point and anything above that level, you make money, anything below that level, you lose money. It's r