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SamLBInj

11/15/16 6:36 PM

#54501 RE: Jaxon2010 #54500

I agree, I have been building charts for PM's for quite a while that are pretty dialed in. To test i put $500.00 in an account and built it to $10,000 in a about a month but there was also a good run going on. I have found many times on Friday Options Expiration that the PM's will jump at the open and then drop like a Rock. I use 4 Indicators that show it coming that gives you about 10 Minutes to get out so you need to watch it as those 10 minutes can add up to a lot of money. It is very rare for a PM to run all day on a Friday and I have made incredible money when they do, but the odds are less than 5%.
When it gets way into the Money you have to make sure you sell before the close, I know someone who posts here who almost wound up with $240,000 worth of SLW Shares:)