Being right and getting the timing off is what makes money management around a directional trade the difficult part. You can hold until your...
20% so you may have a maximum of 5 trades on at any one time. When you say depending on the situation regarding taking profits I'm not sure how...
I guess we need to define predictable. If predictable is that the SPY wont go to 0 or 1,000 by year end then it is predictable. I do predict a...
Anomalies do happen. I was thinking I could help this guy lower his risk. I'm pretty new to this forum too. Maybe it is BS.
It's all good were all just here to help and learn. We all have our own ways.
Sounds like you have something really good! Maybe you can give me a few directions on the SPY or whatever your trading. What do you say?
What type of risk are you taking? How much money do you apply to each trade in terms of percentage? Do you place stops? At what level do you take...
I have a profitable system that is not dependent on picking the right direction, unless not picking a direction is a direction lol. Do you have or...
I do believe as you. Markets are random.
It is difficult to trade based on fundamental information for example a news story because like you mentioned computers are already processing and...
I have spent a lot of time searching for a system that can accurately pick direction. I have found that focusing on risk management or money...
Lol I used to think that way now I'm happy with a consistent 15-25% return.
Ok I see you do it for future adjustment purposes. Its basically part of your individual strategy.
You can create the exact same position with either ITM or OTM spreads. So why choose OTM? The advantage of using the OTM's is that if you are...
Interesting strategy but why not sell OTM put credit spread with the credit being equal to your debit spreads width minus your debit. It would...
I agree! For a beginner it will really simplify and standardize the learning process. Once you grasp more (maybe after a few months) then look at...
Let me clarify if you are long then we are comparing a OTM call debit spread to a OTM put credit spread. This is where comparing put spreads and...
As we just discussed you can do either and obtain the same trade depending on being ITM or OTM. If we just talk about OTM strikes then purchasing...
Yes you are correct. I should re phrase that i am referring to OTM spreads, in which the debt and credit spreads would have different strike...
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