Replies to post #25878 on OPTIONS TRADERS CO-OP

[farooq]

Hi,
There is Persian saying "mun na kerdam shama huzer ba kunid" it means I was not able to do it but you might.
I learn this simply way of trading very late.

When you bought there was no indicator suggesting to buy puts all were go long, so you need to correct your chart reading skill.
I wrote before I write again
Only three EMA on chart EMA 3 EMA 8 and EMA 22.
1- Rule Buy long or buy call if EMA 3/8 is crossed and price close above the cross. Buy near the cross not after 10 candles. if opposite then buy put.
EMA 22 trend if you are in right trend then it will be in favor of your decision.
Many other trades come Roy take them some time but mostly they are few candle trade, other wise he is following this set up.
Try it on paper trade first.
Look at all stocks and you will see mostly 95 % you will make money.
News event very big do skew this once in awhile.
It works only on most liquid stocks better.
Good luck and happy trading.
Farooq

[toomuchmoney]

watch AAPL tank to 108 now lol

some days huh