jeffalvinson
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Location:
Washington
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Retired

jeffalvinson

Male, from Washington

    1. wave
      wave
      Nice work on the directional options trading. I'm guessing you are buying ATM versus OTM? Thanks.
      Jun 5, 2019
      2. View previous comments...
      3. jeffalvinson
        jeffalvinson
        The formula for 2nd Buys is:
        Buy 1 is > 1.70, Buy 2 is -20% less than Buy 1.
        Buy 1 is 1.70 or less, Buy 2 is -17% less than Buy 1.
        Sell Limit: +.20 above Buy 1.
        Stop: -.20 below Buy 2.
        Jun 6, 2019
      4. wave
        wave
        Thank you for the clarification.
        Jun 6, 2019
      5. jeffalvinson
        jeffalvinson
        I missed 2 questions: Position Sizing / and or Hedge.
        I use approximately 10% of my account for each trade, but only -2.5% of my account is at risk because of the Stop. I do not Hedge.
        Per 100 trades: Sell or Stop in how many trade days?
        1st Day = 44 / 2nd Day = 45 / 3rd Day = 11
        Jun 6, 2019
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