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The Easy “Flip Trade” Is Perfect for Earnings Season
Earnings season can make traders do some crazy stuff. I know - I’ve been through almost 100 quarterly reporting seasons in my long, long… long career as a trader.
The amateurs will try directional stuff like trying to buy or sell before they think the stock will make a big move. Almost inevitably they take a big hit that way. They’ll try trading only to get wiped out in the crush.
People try complicated moves like straddles, strangles, and everything in between… only to get wiped out in the crush.
I always tell people to keep it simple. Make “flip trades” for max earnings-season profit potential. It’s a no-nonsense, beginner-friendly trade anyone can use for a rack at turning every $1 into $2 this earnings season.
Don Kaufman
Founder & Director
TheoTrade