foroom lluzers
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5 winning trades 1 losing trade today
105 tick ++ today
++195 this week
3 profitable weeks
im on ignore remember
u r-see belowNO !You were
Why do you waste your life on forums , when you could be progressing to £100 per tick making 50 ticks a week?Do you get pleasure leading the blind and seeing them lose their savings?
open trades
Almost at breakeven on this account.
Shame about the others...
http://www.trade2win.com/boards/tra...hologically-correct-trades-7.html#post2932664
Ouch!
Oh, they were open trades. I expect they all came good in the end since, like all good professionals, it doesn't matter how deep you go in the ordure if you can put a pound in your bank account.
I think you miss the important criteria of this strategy , that maximum loss I plan for is 30 ticks , on the weekly options I take more risk like 60 , so at any one time my maximum risk is possibly 80 to 100 ticks , but I expect 2 to 3 profits daily of 60 + net profit.
The strategy is simple .
A normal trader will take full risk up to stop loss .So if he make 40 ticks , they are all his.
My trades I will give 20 ticks for an option , the rest is mine , so from 40 ticks , I remain with 20.
If price drops 300 ticks , my risk is limited to 20 loss , normal trader will lose 300 or stop risked.
I have now closed the short trade for + 30 , the related call option I paid 21.3 , I am only getting 4 to 5 , so I do nothing , there is support here at 20
All I see from your statements is you making £20 - £50 profits and £1,000 - £1,500 losses, how is this a winning strategy?
You are mixing long term strategy with this strategy , long term strategy results are flat at the moment last month , waiting for some higher volatility , that is from another thread.
You are mixing long term strategy with this strategy , long term strategy results are flat at the moment last month , waiting for some higher volatility , that is from another thread.