i am long on december oil, 70-72 ish, hold for few weeks, rolex trade, depends on your size. i have 2 short puts since beginning of this month and keep rolling into credit trades, the premiums (if exits at somepoint) would be a rolex, more or less.
short strangles, or mimicking short strangles (manually with different expiration dates) are my bread and butter trades, minimum effects with nearly 100% win rate, and buy the dip 3, 5, 8, 10%. making few points on this thread here is just for fun.
By the way - I mentioned how every day has 'easy money' last week. Just looking at my cell phone it seems like today's afternoon action is a perfect example. After the day expedites the major move or two it gets trickier. At least for my style. A scalper may disagree.
I'm a confessed scalper. Many of my scalp entries would have been excellent swing entries. For example, NQ at the test of yesterday's low was a quick an easy 25 point scalp. It was also a no heat swing entry that would have been good for almost 250 points. My problem has been knowing when to hold them for a swing and when to fold them for a scalp it. Kenny Rogers, unfortunately, took the answer to knowing when to hold them and knowing when to fold them to the grave. Since I can't figure it out, I just take the scalp profit. I wish I could do what you and @theapprentice do. But I haven't been able to do it on a consistent basis yet. And so I take 3 to 6 ES points and 10 to 30 NQ and live to trade another day.
Morning all: New Algo running and retiring the old one. ended up 7% and got a lot of the "live issues" figured out. Today 4 trades +22tks 75% rate.
I have this EXACT same problem! I call it the Schrodinger's point - where the profit exists and suddenly does not, due to minor fluctuations. Always gets me logging in to book the win before its time. The solution for me is a longer timeframe setup with a >ATR (daily) trailing stop. But even that is difficult for me to leave alone!