“How To Finally Be a Profitable Trader By Winning on 90% of your trades in just 20 minutes a day by trading in the “underground” market that is easier to trade than stocks, bonds, forex,or just about anything else you have traded before.”
Here’s what you’ll get:
Blank Check Trade Rules
Below are the rules I have created/discovered. As the months went on, I added and tweaked until I found a good combination that works for me.
Depending on your temperament you can tweak some of these to make your trading more or less exciting.
- Mainly Puts. Calls only when puts in trouble
- Only nakeds
- Front month options. Try not to overlap. 35 DTE
- Use up to 1/2 of account. 1/3 when getting in. always have 1/3 in reserve
- Enter at about 10 delta
- Look at support resistance before entering trade
- Never sell for less than .20 credit
- Enter puts on down day, enter calls on up day
- Exit when at .10 debit or below with more than 2 weeks left
- Exit before final week- margin gets too high
- Don’t take risks after hitting monthly goal
- If more than 2% move in opposite direction, exit. Then reenter Puts on down day (moving in and out to take profits)
- Adjust at .20 delta
- To adjust exit all and sell so new credit equals debit
- Don’t lose more than 3x your goal in a month