I think you nailed it. Don't laugh, but I think the SPY will end up at a high of 245-249. As soon as that happens look for the euphoria to kick...
I trade futures, the NQ and TF for the most part, so I can't speak with experience regarding stocks. There are always going to be days when you...
I fight the urge to enter early as well. The fear of missing the trade is powerful, especially if you missed an earlier entry. Usually you get a...
Funny...I'm short NQ 4161 and TF 1003.7 Targets NQ 4108 TF 992 See what happens
It's far from ideal and even for a good trader it is a bit of a white knuckle ride. Not for the faint of heart.
I second this. I have traded a $5k account to over $10K in a week or less on the Russell 2K a few times as a test. You need a very good system...
HL = Higher Low IWM = ETF that mimics the Russell 2000, Trade the ETF outright or with options TF = Russell 2K SS = Short Squeeze
You may be right, but the overwhelming negative outlook is exactly what could propel this market out of resistance. I think the market has one...
I don't want to speak for OptionGuru, but here is how i look at it. You get your target from your chart of the underlying instrument. Say you...
I have been using ADMIS since August of this year, but I am moving my accounts soon. Here are my pros and cons in no particular order. PROS:...
I don't use options on individual stocks , only on QQQ, IWM,USO & SPY. But let's take a look at your example. My math may be wrong, but oh well....
I don't know about "better" but you stand to make more on the volatility. Two ways to play it: Risky: All in on a weekly. Better: 25%-30% of...
I like slightly OTM calls or puts when you are right at support & resistance decision points. See if you can time the best premium costs against...
The close tomorrow decides the rest of 2016. It's a bitch because it is OPEX as well. Going to be a crazy Friday.
I know a guy that made a fortune with laundromats. Car washes are a losing proposition if you are located in California.
I'm with you on that. I LOVE options for that very fact. Options allow you to buy half size (relative to point value) if you want as well....
Very well put. Hard to do with futures though because of holding seven to 10 days and over the weekend. Larger stop is hard to stomach as...
Agree. My reply was a really a brief "sound bite" because I was tired. A very good example of your point is my brother, who introduced me to...
When you are on your game...they should be one and the same :)
This is so true! Some of my best days happen with 2 full stops of 2.5-3 pts on the TF. The key is believing your system and executing without a...
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