The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about why you should trade without technical analysis first. I’m a big proponent of using technical analysis, but I think that technical analysis is a secondary type of analysis that you should do when you’re trading. I do not think it’s a primary source of analysis. And what I mean by this is that a lot of people when they start trading, they get into technical analysis and it’s very easy to do because it’s visual, it makes sense, it’s intuitive, you use all these technical indicators, they tell you when to buy and when to sell and this is all great, but what we found in our research is that technical analysis is not as successful as just a high probability options trade. What I would rather see people do is I would rather see people use technical analysis as a secondary level of analysis and the primary level of analysis is going to be the probability of the option strategy winning, t