The Daily Dose of Trading Comments

For an options expiration day, we sure saw low volume today. I typically don't try to over analyze options expirations as things get so whacked most of the time that it's not worth the effort. What I can say is that this is the third big move this year and I've found a way to miss the meat of the move on each of them. One of the things you learn in trading is that you certainly can't always be right and many times you are far from it. I do believe though that if you keep plugging away; manage your risk and protect your capital, eventually you will position correctly and make your dollars. It's the in between that's tough though as the waiting, preparing and finding no reward takes a toll on all of those who try.

I'm out of here for now. Hope you caught the better part of that move this week and hopefully booked some of the gains. It's too early to assume that the run is through but its also too simply to assume that we go straight up as that likely won't be the case. See you Monday if not sooner.