
ALLW
OptionsToday, following the plan in my Longbridge post, I went long on $SPDR Gold Shares(GLD.US) for a short-term trade and took profits. I usually only trade high-volatility leverage or options in the US stock market during such times of certainty and don't do it otherwise. However, after reading news from insiders about renewed peace talk possibilities between the US and Iran, combined with the gold rally, I thought it could V-shape recover. It seems subjective trading really can't make money. Later, I also bought two QQQ call options, out-of-the-money, and got caught when the intraday pump was just a fake-out and I didn't sell. I really feel QQQ is the most active and widely participated option. Wall Street's financial elites must have ways to counter these option players. I haven't made money trading QQQ options for a while either, and I don't have the skill. It feels too difficult. So, it's still necessary to choose investment methods and approaches that suit oneself.
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