This post is late. My apologies. IBM met my MM criterion for the purchase of a Put, as it opened below the real body of a down day, that is...
LOL...You're Welcome!
Not at all, I will be more concise in the future.
If this were an actual trade, the loss of 32 dollars would be valid. Oddi has a 3000 account. Buying 100 shares of AZO would be beyond his margin...
Hope you didn't stay long on IBM all day, it did reverse and close lower today. You would be looking at a loss right now. Oddi will be looking...
Aware of all that you posted. Stopped out right away. Loss of 32 dollars.
Oddiduro is going short 100 shares of AYE at 9.63. Stop at 10.06
Oddiduro is going long on AZO at 69.05. One Jan 60 call. Stop at 68.62.
The circle of conflicts seem to have no intrinsic value, at least not to me. I use the price levels primarily. I am also aware that the...
Good, I want you to be here Wappers2, I really do.
WOW! Leaving Already??? Oddiduro hasn't made a single call, but because some people don't want to play by the negative rules you have made,...
Indeed, I speak for myself. Prof. Murrey's system turned my trading around. He was getting bashed for no good reason, so I stepped in, and started...
I said to surfer in a private email that my sentiment had changed. MSFT was at 54 at the time. I also said that the 56 market call was very soft,...
Thank You for the kind words. I realized that there are some trader "ghosts" on this site, that didn't make it after several years, and now are...
This is not a competition. I have a competitive nature, but to compete against surf is something that I have no desire to do. I'll leave the...
This story is written for beginning traders, so that more traders can see profits right away, rather than have to jump through the hoops and rings...
That is also correct, the rules are from Gann. MM explolates the rules from Gann and makes them better.
That is correct, 9 losses in a row, and it is over for Oddiduro. By the end of the story, he will mulitply his capitol by a factor of 10.
Oddiduro is a new trader, and has a small account. Therefore, he should not risk more than 10% on any one trade. He will start with an account...
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