The Best Trading Strategy
People often ask, “What is the best trading strategy?” Is it the PowerX Strategy? Or you might have heard me talking about Binary Power Spreads.
Recently I’ve been selling put options, which has been working really well in these volatile conditions.
So which of these strategies is the best strategy? That’s what we are going to talk about right now.
So when we talk about the best trading strategy, you need to understand that each trading strategy is for specific market conditions.
Let me actually show you on a chart what I mean by this. So let’s just take a look at the Dow Jones over, let’s say the past year, since 2019.
Now, as you can see, you know that we have been in the longest bull market in history. The bull market has been going on for eleven years.
Looking at this you see that you have a market that is just crawling up with smaller retracements but overall, we are going up, making new all-time highs.
Do you think that you trade this differently than something that we have going on right now in March and April 2020 where we have this meltdown where the market went down by 30%?