This post shall be brought up day afte day by traders after traders. No edge or strategy always work every day in its maximum thrust. Am i right?
In my experience, options premiums on the NDX have been decreasing as well. The IVs are generally lower, especially on the Call side.
agree, my favorite timeframe is 9:40-11am on open 2day high/low breakouts/breakdowns, seems to be the best , along w/strongest sectors and trading only if trin <.7 or >1.5 and COMPQ out of prev day's range. best if nas premkt futs at least +/- 10 out of market, and QQQ's premkt chart gap out of prev day range. Short list of things to look for to help identify most-volatile times for entries. ken
By almost any measure the period from 1999 to 2001 in the financial markets, especially the tech stocks, was extremely unusual - in terms of volatility and in terms of a lot else, too, as a matter of fact. If that's what you need in order to be happy and profitable as a trader, then IMO you should seek another profession.