Click here: http://goo.gl/bnDP4e (for FREE Daily Trade Tips) From Hawkeye Traders, this is your FREE trading tip of the day, with Mike Smith. Welcome everybody its Mike Smith here from Hawkeye Traders. I am delighted if you will join me for another trade of the day now what you see it front of you is obviously the SP 500. Though something a little different today we are actually trading between 2014 and 2018 quite a tight trading range. We have been for the last ten sessions or so and really get below that for one session so we could say we have been in this trading range since the middle of March and what is important is as well as spotting new opportunities is recognizing times when maybe opportunities are worth waiting for. And we feel as though this is the situation today for toughs of you who are desperate to place a trade in a day that is likely to be choppy, futures have been very, very unstable and oil is slightly down after being up in early Asian trading then that’s fine maybe a butterfly in the SPYs is way to go. But also we have got Alcoa reporting after our bell today, so that combination of and unsettled market, volatility in oil and earnings season about to start kicking off on Wednesday meaning that we are making the choice today that our trade should not a be a trade at all. That’s it, its and important lesson to learn and as important as anything else you will hear me say - so for now manage the positions you have got open and consider what’s coming up in the next few days and we will talk again tomorrow. https://youtu.be/-wOmXqVLofg options, option, options trading, stock, stocks, stock trading, options alert, technical analysis, options strategies, options trading strategies, how to trade options, trading options
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