Daily weekly Dow Trading system

foroom lluzers

Veteren member
Messages
3,608
Likes
138
Using a weekly or daily put option as a protection for a long trade .There is the cost of the options to be deducted from profits , but this cost gives the holding power to hold on to your trade , for almost a week or month.

Before opening trade read context to see support /resistance ,if context is good buy near support and close end of day.Dow , Nasdaq and S and P must be positive for longs.

As an example
weekly dow put long cost 34 strike 21100
long cash dow 21120

I did a similar trade on friday long 21150 ,long 21130 put for 16 = net cost 21166
Exit 21200 , profit 34


http://www.trade2win.com/boards/trading-systems/223496-trading-without-stop-loss-using-options.html

I start with a daily option trade , after 2 losses I move to weekly options , therefore recovering all previous losses .

No closing half position , just run your profits.Close losing trades at end of day .

After 4 consecutive losses I increase my stake to double , same after 8 losses and 12 losses
Practise on demo first , this hp system


http://www.trade2win.com/boards/edu...h-probability-trading-system-75-hit-rate.html
 

Attachments

  • WALL STREET.jpg
    WALL STREET.jpg
    75 KB · Views: 435
  • longs.jpg
    longs.jpg
    64.5 KB · Views: 439
Traders would be better off buying at bottoms , supports of djia , as opposed tobreakouts.
 

Attachments

  • bbbbbbbbbbb.jpg
    bbbbbbbbbbb.jpg
    77 KB · Views: 403
Buy at supports or bottom of up trend lines
 

Attachments

  • ws.jpg
    ws.jpg
    94.3 KB · Views: 388
  • ws2.jpg
    ws2.jpg
    83.3 KB · Views: 418
All are promised 72 of them if they follow this system and trade it.
 

Attachments

  • 72.jpg
    72.jpg
    32 KB · Views: 358
GOT 58++ long 21211 long 21200 daily put cost 22 = net 36

trend trade
 

Attachments

  • got 58.jpg
    got 58.jpg
    45.6 KB · Views: 330
Top