Why There's a Lot of Fear In the Market Right Now

Why There’s a Lot of Fear In the Market Right Now

Posted On July 30, 2020 2:50 pm
By: Steve Smith

There’s a lot of fear in the market.

Considering everything that is happening in the world right now, that’s not surprising. Riots, disease, small businesses falling like flies, the Fed printing money like a turbocharged Xerox machine…

Investors just aren’t sure what to think.

From a trader’s point of view, this is a once in a lifetime opportunity. Don’t get me wrong, I live in this world too and I don’t want to see bad things happen. Not to anyone individually and not to the country as a whole.

That said, none of us know what is going to happen and we each have a responsibility to take advantage of opportunities that present themselves so we can be ready if an emergency does happen.

One of the ways we can be ready, financially anyway, is to take the gifts the market is giving us and make the profit we can make right now.

As for me, I predict a lot of this dies down after the election.

I’m not a conspiracy guy, but I do think people behave in a way that they perceive to be in their best interest. Not maliciously…

More subconsciously. It’s just human nature.

Still, it makes sense to be ready just in case. Have a little food put away so you can survive without going to the store for a week or two (Where I live in Florida this is a must for hurricane season), make sure you have a supply of cash on hand, and take as much profit out of this market that you can – while you can.

This volatility is a gift, and it won’t last forever. We will likely see a progressive increase in volatility between now and the election – which means we have a window to find a lot of amazing trades…

But, the volatility will eventually die down.

If you are worried about HOW to make money in the market, check out this report I put together about Mainstreet Derivatives. You can use them to protect the positions you have, enhance the profit of your current positions, and you can trade them for large profits on their own.

Just click here.

To Your Success,

Steve

Tagged with: options trading

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.