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Re: napolm01 post# 255880

Friday, 07/17/2015 7:01:52 AM

Friday, July 17, 2015 7:01:52 AM

Post# of 364361
Best advice you'll ever hear.....here it goes: Take the profit in the first 10 seconds and NEVER LOOK BACK. IV will be peaking in the first 60 seconds. One of the best analogies you'll ever hear, and it rings true today as it did when my father, and his father before him said it, "A bird in the hand is better than two in the bush." DO NOT get greedy. Take the money and run, don't get caught up in a couple points here or there. You can always jump back in and trade for a scalp later in the day, but IF it fades the rest of the day or trades sideways, your premiums will deteriorate and you will be supremely upset. If it runs higher, congratulate the others and be happy with your profits. It's earnings season, there will always be another fight tomorrow.

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