Yes they are looking at the probability of profit and confirming a change in the rate of change/slope using the rsi...all wordiness to look smart.
LOL
If you look to what I am responding to the poster asked if I was trading stock options where clearly I was talking about indexes.
What are you talking about? I said I use options in tandem with stocks positions. I also said trying to earn income from options or profit with...
Still waiting for you to post a trade. Lets see all your expertise in action...I'm guessing you are probably one of these back testing traders...
Gee thanks. As a retail trader you must be tired of getting rinsed. I'm assuming since you haven't posted a single trade yet.
I am currently holding stocks. ?
Who? Confidence? I have basically come to a forum that is supposed to be home to some of the most Elite traders and schooled them.
No. I want someone to give me an example where longer term options strategies can have a better risk reward than 0-3 DTEs.
If you read my first post I didn't take any position...just analyzed that with the numbers everything other than 0-3 DTE's (with RISK MANAGEMENT)...
Uh late night comedy has suffered exactly ZERO for the strike...didn't even know there was a strike or that he was funny. Must be an American thing.
EW already has backtesting built in so no point.
I question how successful they can be as retail traders. Hedge funds can manipulate the market in the direction that is favorable to them by sheer...
I'm skeptical that anyone who writes a book, has a youtube channel or sells a course is successful trading because why would you bother? I have...
I'm still waiting for you to prove me wrong by posting a trade plan you have for Monday...anyway, yes I can and do sit on the underlying...
Nobody trades just using one method...EW is purely statistical probability. Simmons looked for anomalies to exploit.
What are you back testing for? You have the Delta, so your probability is set. Elliott wave and fibs are all based on statistics already...so that...
You are trying to use all this fancy lingo to somehow convince people that you know what you are talking about. Convex, concave for instance is...
This shouldn't be that hard for you guys right? You all seem to pretty confident in your abilities. Let's put it to test. I will share my trade I...
You are over complicating this. Convex/concave already has its own indicator...RSI. Long/short gamma is no different than being long/short delta....
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