Option stalking rule #1: Do not waste your
time watching the intraday price swings of the ETF or its related options.
Intraday price movements, and occasionally intra-weekly price movements,
are mostly random without fundamental merit. Option stalking
is anticipating a price movement in your favor by virtue of a nonsensical
contrarian movement to the underlying direction. Stalk the price of the ETF
and the option(s) of your choice. Then pounce on it, much like the
carnivores in the wild, when the Indicant signals buy.
Chasing intraday snaky price movements is a
waste of your time. It invigorates undue emotion, leading to the
irrational behavior of a loser.
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