3309 Drysdale Ct
Edwardsville, IL 62025
Excellent. Thank you!
From Joe Fahmy
Or it could do this...
Could be a topping at the low vol. node and heading for the
lower channel line.
jtsurfah: Here's one I use for my options spread. I don;t trade
very big size, other than SPX, This is for my stocks. I enter the
credit i receive on my credit spread and it gives me the # of
spreads I should trade.
Those are great ideas, Matt. Selling puts to buy stock reminds
me of something I was just reading in one of Wyckoff's books
printed in, get this: 1918, I think. I love those old books. He
recommends during panics to place ridiculously low standing buy
orders. I think I will try that Has anybody done this?
I went for my run and just came back to find ES at L.O.D. Which
makes sense given the neg d i posted on the Naz. Personally I would
not recommend any B.P. SP on anything til we settle out and
see we are headed. Just M.O..
yes, pause looks possible.
Not necessarily. Depends on the strategy. If I want the spread
to expire worthless and keep the credit, then yes I will pick the
shortest expiry, obviously, but if is a swing trade I will go out a
few. The credit I receive also plays a part.
I will try and for that, but like anything you need to know
about it. There are dozens of kinds of spreads but I use credit
spreads only and decide on a short strike only after the B/O. just
like when you decide on a buy point. Usually my short strike is
where your stop loss would be in a trade, Then the long position is
placed underneath that 5 or 10 strikes below. This equals lower
costs and less volatility. You should do some reading on
it...VectorVest has a good course.
Well, here one I did this morning and yesterday. One of Matt's
idea. I like spreads better than just buying the outright, costs
less and is less volatile. But buy point is the same.
I know I am the odd man out on here but actually one of my
favorite trades is on the SPX. A bull put credit
spread. Either open it and buy it back for less or let it expire
worthless and keep the credit. And here's today's profile up
Who's getting worked up? Jeez. Sorry I asked.
Matt; No offense but could you please clarify this. Received
this message from MedVed. I though it was free. Them: "You may be
mixing this up with QuoteTracker. That was free to TD Ameritrade
clients because TD Ameritrade owned it. Medved Trader is not owned
by TD Ameritrade. It is completely independent and we do not
currently have any deal with TDA. We have a marketing thing with
Ally but are not owned by them or any other broker."
Does it really matter "why?"
He always offers smart thinking.
The problem is our experts "so-called" have not exactly
distinguised themselves in the information department. Remember
"Don't wear a mask, we need the for the professionals?" And how
about that great organization the W.H.O. What a great job
they did...Personally I don't trust a single thing they say
One way to look at it. Re that SPX symmetry break. Brilliant.
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