Questions for you: 1. How do you determine support? 2. Since you sell ATM are you buying OTM or ITM? 3. If your support assumption is wrong?
Supports can be seen on 4 hour , daily .weely and monthly charts. I sell atm and buy future and much lower put , sometimes I buy call ATM + 100 and wait If my anylysis is wrong , I will buy a naked call lower , after expiry and monthly calls. After 2 losses on calls , I wil buy double orignal size. technical analysis dax signal By the way IGNORE the other clueless idiots , they are just vendor's goons
not really stock indices are well supported by fed , stockmarket failing fund manager and all other funds
I read a nice article about matching Buffet's returns here: http://seekingalpha.com/article/1107001-making-buffetts-alpha-your-own
But you doubled down when it went against you, I thought by definition that was a Martingale strategy?
I often looked at BRK financials. I noticed they had $100B in debt and $100B in "other liabilities" which I assumed was their insurance floats (free money to them). So with equity of $270 B, for every 1$ of equity they could buy $1.74 in investments. I need to figure a way to leverage at 1.75 without the risk of margins call and paying high interest rate on my borrowing.
Trading the edge , usually after 2 or 3 losses you will most likely get your losses back , on index futures , on monthly contracts with at least 30 days to expiry. My strategy is 1,1 ,2 , 2 (6 %) ,4 ,4 and I start with 0.5% , 0.5 % ,1% ,1% ,2 % ,2% or you can do 0.25% , 0.25 % , 0.5 % . 0.5% ,1 % , 1% = 3.5% Most traders start at 2 % or 5 % or 10 %