Why Trader’s Often Miss The Best Trades, Like This One

Don't get distracted and miss simple winners. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Sometimes, trading is a wild ride. Sometimes it’s boring. Right now, I’m looking for boring trades, because som Sometimes, trading is a wild ride. Sometimes it’s boring. Right now, I’m looking for boring trades, because some of the most boring trades are also the most profitable ones. I’ll show you what I mean below but I wanted to give you a heads up about a webinar I’m hosting later today that is critical for traders navigating the election. [Click here]( to sign up and see how to prepare your options account for the upcoming election. There is a lot a play and this will help you both protect your account and exploit the market patterns as November approaches. The market is giving a lot of noise, and only a handful of clear signals. So, right now, with so much uncertainty, I want to make sure that I’m focused on the things that are providing certainty. So, rather than trying to call the bottom in tech or semi-conductors or oil, and rather than chasing new lows when the market is showing mixed signals about accelerating lower or recovering, where should I be focused? For me, that’s the ultimate question – how do I stay comfortable in a naturally uncomfortable market? Let’s look at some ideas to see where I might be able to find comfort, and the first stop will be in financials, with the ETF XLF: [Get Keith's Market Maker Cheat Sheet here for free!]( Financials don’t look too bad, as long as this most recent turn isn’t the start of a more major liquidation. If not, then a continuation of that bullish run for the last month looks like a pretty safe sector to buy into. But perhaps I can do better. Perhaps I should be looking at consumer staples (think companies like Proctor & Gamble, Costco, Walmart, Coca-Cola, and Phillip-Morris) with the ETF XLP: That looks fairly safe given the consistent trend even with the tumultuous picture in the broad market and tech stocks. But I think I can do one better, and that’s with a sector that has hardly flinched in the last 2 months, and that’s utilities, with ETF XLU: I even added the trend channel lines in there so we can see easily the consistency of money-flow into the sector. The added benefit of this type of setup is that it adds a natural trailing stop to the position – if the ETF goes below the lower trend line, it indicates that the money isn’t buying into utilities anymore and I need to find a new sector to invest in. Don’t get me wrong, this trade is very boring. And that’s a good thing. I love boring, profitable trades. I can add leverage with options to a boring, profitable trade. I can define my risk with a boring, profitable trade. And I can happily watch my trading account grow if I can consistently find boring, profitable trades. If you’d like to get a list of ideas and setups just like this that could be of interest for trading opportunities, check out my Outlier Watch List. And as always, please go to []( to review how I traditionally apply technical signals, volatility analysis, and probability analysis to my options trades. And if you have any questions, never hesitate to reach out. Keith Harwood Keith@optionhotline.com [Looking for the best trades most traders overlook? click here for the top Outliers.]( --------------------------------------------------------------- See Related Articles on [TradewinsDaily.com]( [Why Trader’s Often Miss The Best Trades, Like This One]( [DUK: Utility Climbs to New Highs]( [Comfy Shoes Set Up Comfy Potential Profit]( [How to Invest for the Holidays Today]( [Price Patterns]( --------------------------------------------------------------- [TradeWins Logo]( © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. 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