October 2018 Trading Strategy

The market has continued to rise higher despite U.S. political drama, trade war, Middle East conflict, China’s aggression in the disputed islands. Not to mention the midterms are on the horizon with the FBI investigating Russian election interference.

I’m still bearish. I am fully aware I can not time the market, but I am putting my money to work before it becomes obvious the market is selling off. I have been bearish for the past 24 months, I have taken bullish positions to supplement my losing bearish positions. My stubbornness is my willingness to commit to a strategy of being one of the first to take advantage of a slow down (when) it happens.

My current positions are all bearish(I cut my losses quickly and hold on to my winners).
For the month of October, I’ll update this post in the comments section from my phone.

Bought 10/3/18 @  3.40
DIA NOV02’18 270 PUT
Close    —-
P&L 69

Bought  Sep
THRM DEC21’18 45 PUT
Close    —-
P&L 93

Bought  Sep
UVXY2 MAR15’19 CALL 
Close    10/3/18
P&L -132

Bought  Sep
WFC APR18’19 PUT
Close    —-
P&L 72