Hey guys,
The market has been drifting upward. That's a nice way for it to drift. The S&P 500 is around 4,520 right now.
There have been no new trades today, but the watch list is gigantic right now. There are hundreds of tickers, both stocks and options, that meet the first criteria of my trading strategies. So at this point, I'm just waiting for the price on those tickers to pull back some and offer us an entry price that corresponds with the back-tested approach.
So we might be swimming in trades pretty soon. But it's still quiet for the time being while we wait. Sometimes patience is just as important to successful trading as any other aspect.
If you have any questions or feedback, I'd love to hear from you.