
Pete Stolcers | OneOption
7.4K posts

Pete Stolcers | OneOption
@1OptionsTrading
Trading is my passion and after 30 years I still can't wait for the opening bell to ring. Join OneOption 14 day free trial 👇






Added Long /ES $7462. Add $7463 ave 2X

I am long futures at /ES $7464. Looking to add on confirmation. Would you like to watch a video about trading futures?






If you have a few legs of a position on, your average cost is way lower than the current price. You should be mentally prepared for a market pullback because the market does not move higher in a straight line. When you do that, mornings like this don't phase you.


If you are in long only day trading mode, realize that there will be days when you might not trade. This week can provide us with intraday shorting oportunities in weak stocks. It's dangerous to hold them overnight, make sure to take your gains and exit your positions.

The $SPY has run up 17.5% in the last MONTH AND A HALF Those are big gains and it would be normal for a compression or a small dip after such a big move. Long term swing traders, you have a couple of legs on and you should be mentally preparing for a pause or a dip.

I check CNBC for the overseas markets and I have to laugh. 'Bulls and Bears both believe this market could be just like 1999.' Unfortunately, I have to subscribe to read this insightful article.




