Jump to content

Profitable 100 ticks weekly Dow Dax daily options strategy


Recommended Posts

  • Replies 110
  • Created
  • Last Reply

Top Posters In This Topic

"75 %  of the time it works". Not in a downtrend it doesn't, nor during a period of consolidation. Select your strategy to suit the prevailing market conditions. 

 

https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2012/06/15/How_to_Build_a_Strategy_Part_1.html

 

This is not what a up-trending chart looks like, and therefore cannot be conducive to a bull-trend trading strategy.

 

GER30(£)H11711.png

 

 

Link to comment

sean2

 

The stock markets are long biased, would you make a profit trading shorts?I don't trade shorts because the probability of making money on shorts is low.Secondly failure of shorts arouse psychological demons.

 

People sell trend trading education and courses, because they can't make money timing the markets and 80% of trends fail.Trends are visible only in hindsight.

 

http://www.trade2win.com/boards/general-trading-chat/224518-why-good-traders-get-banned-3.html#post2926796

Link to comment

sean2

 

The stock markets are long biased, would you make a profit trading shorts?I don't trade shorts because the probability of making money on shorts is low.Secondly failure of shorts arouse psychological demons.

 

People sell trend trading education and courses, because they can't make money timing the markets and 80% of trends fail.Trends are visible only in hindsight.

 

 

Link to comment

Of course you are right .  Check the bigger picture to make sure you are not going against the prevailing market conditions.  is also right but not 80% of trends fail, 100% fail. All trends come to an end when they consolidate or reverse.

 

Note the dax monthly, 3 year downtrend 1999 - 2002, 1 year downtrends in 2007 & 2010 & 2014.

 

So check the market on 3 or 4 time frames up from the one you are trading and either choose a market to suit the strategy or choose a strategy to suit the market. 

 

 

GER30(£)Monthly.png

Link to comment

sean2

 

Usually by the time you see a trend , it is too late to enter, it is usually reversing 80% of the time.

 

choose a strategy to suit the market.

 

This strategy is about implementing positions for short term longs, along with the vast majority of the market.

 

Successful trading is about being in agreement with the market, and being in agreement with other professional traders.Long trades on indices have an edge , short trades do not as per some data, 67% of long trades were profitable.

 

http://www.trade2win.com/boards/indices/223440-edge-set-forget-indices-trading.html

Link to comment

I understand the strategy & I appreciate your posts & time. Personally I adhere to the realization that there isn't one strategy to fit all conditions. I've made decent gains in bull & bear. I'm also a firm believer in doing what suits you best and what makes you profit. screenshot_2085 Jan. 29 15.43 (2).jpg

Link to comment

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • General Statistics

    • Total Topics
      15,672
    • Total Posts
      74,980
    • Total Members
      63,034
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    FJSCapital
    Joined 26/07/21 22:54
  • Posts

    • Hi @Mairi, On your screenshot, Limit means more favorable price and Day would be the expiry. "A limit order is an instruction to execute a trade at a level that is more favorable than the current market price." more details here. "A day order is defined as an instruction from a trader to their broker, to buy or sell a certain asset. Setting a day order means that the deal has to be executed if an asset hits a specified price (referred to as the level) at any point during the trading day on which the order is made. The day order will expire if the price specified in the order is not met by the time the market closes" more details here. I hope that the definitions help. All the best - Arvin
    • Covid-19 antibodies detected in 67% of India’s population (herd immunity). The figure compares with 24% in January and shows how the Delta variant has ripped through the nation of 1.3bn (via the Guardian). But only 16% vaccinated? I thought they said our natural immune system had stopped working? (after doing the job for hundreds of thousands of years). Could it all be because what they are actually doing is continually (18 months) nudging us into this ...      
    • Look, it's perfectly simple. 'The vaccines work. They're safe and effective. Also, get the vaccine or you might infect me. Why would you question the effectiveness of the vaccine? That's absurd. I have it and it's working. Now please get it or I might die. What's the problem? Why are you confused?'  @MattWalshBlog      
×
×
  • Create New...