Posted by sschulman on 13th of Sep 2016 at 11:16 am
Thanks Matt you DID voice your concerns about market direction.
AND you did voice your concerns about the large drawdowns with this
particular sub-system. Not a great first trade for me so far with
SPY Pro, but I'll not get too emotional and stick with it.
you guys can also do deep in the money options, so that you are
not paying for time, I did that with the last system trade, I went
to 130 SPY calls so that it moved basically dollar per dollar, and
bought 2 months out for the expiration.
Options will allow you to have your risk defined, all you can
lose is the amount you put in the options
the drawdown
SPY Pro system went long a 60% position
Posted by sschulman on 13th of Sep 2016 at 11:16 am
Thanks Matt you DID voice your concerns about market direction. AND you did voice your concerns about the large drawdowns with this particular sub-system. Not a great first trade for me so far with SPY Pro, but I'll not get too emotional and stick with it.
you guys can also do
Posted by matt on 13th of Sep 2016 at 11:24 am
you guys can also do deep in the money options, so that you are not paying for time, I did that with the last system trade, I went to 130 SPY calls so that it moved basically dollar per dollar, and bought 2 months out for the expiration.
Options will allow you to have your risk defined, all you can lose is the amount you put in the options
useful about options have been wanting to learn
Posted by bravestar on 13th of Sep 2016 at 11:27 am
options. i got shocked by that time decay.
I just exampled, that's why
Posted by matt on 13th of Sep 2016 at 11:35 am
I just exampled, that's why you do very deep in the money options where you are not paying for a bunch of time value, and you go out at least 2 months