775% profit option trade set and forget

foroom lluzers

Veteren member
3,611 137

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tomorton

Legendary member
8,403 1,338
No argument on how well this would have gone, but "would have gone" is the key phrase.

So why would you have entered long 3 months ago?
 

foroom lluzers

Veteren member
3,611 137
monitoring

you would have made $7 on this move :LOL::LOL::LOL:
 

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barjon

Legendary member
10,705 1,809
Oh oh, yes I'm the great pretender
Pretending that I'm doing well
My need is such I pretend too much
I'm lonely but no one can tell
Oh oh, yes I'm the great pretender
Adrift in a world of my own
I've played the game but to my real shame
You've left me to grieve all alone


Read more: The Platters - The Great Pretender Lyrics | MetroLyrics
 

foroom lluzers

Veteren member
3,611 137
I am just monitoring this type of trading .

Here there is trend , there is retracement /pullback , nice support formed and 3 green daily bars .

Option cost at the money $1,50 for a week

profit $4.50 is 300%

This must be profitable ?Trader must wait for good support set ups , there are 3 supports just below entry , two supports above recent low.

Great set up to buy options
 

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foroom lluzers

Veteren member
3,611 137
I am a support trader on stock market indices , I have a belief that they work 75% of the time .I am not good at picking individual stocks , but I believe what works for me on indices will work on big cap stocks.


Here amazon buy at supports
 

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foroom lluzers

Veteren member
3,611 137
Trade liquid and volatile stock or whatever else you wish that has volatility during first 30 mnutes after open - thats when prices move the most in the shortest time. Just use long term supports with no indicators,trade only longs , look at a higher time frame for context.Trade very small initially to ensure that you lose small, or even try demo initially , professionals call it feeling the market.

Learn through experience when to enter, exit for profit or abandon a loosing trade. Just have a go and you will become proficient in the quickest time possible without wasting time on courses, indicators, experts and gurus.The professionals are busy trading , the don't have time for teaching. Annotating your chart with a small number of horizontal lines, diagnol support lines , up channel bottoms and up trend line bottoms can help but nothing else is needed.Place stop below second major support.Look for S and P , DOw and Nasdaq to be aligned in same direction.

This trading is as easy as it gets .THE ABOVE TWO TRADES ARE TREND PULLBACK TRADES .

Look for two set ups
1)trend retracements /pull backs after trends have broken out
2)support trades
3)reliable test and retest of support

If you want education on options , there are trading educators , on other forums and maybe here .
 

foroom lluzers

Veteren member
3,611 137
Oh oh, yes I'm the great pretender
Pretending that I'm doing well
My need is such I pretend too much
I'm lonely but no one can tell
Oh oh, yes I'm the great pretender
Adrift in a world of my own
I've played the game but to my real shame
You've left me to grieve all alone


Read more: The Platters - The Great Pretender Lyrics | MetroLyrics


you would have made a lot of money millions
 

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