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Replies to #23280 on Cycle Trading
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farooq

07/27/21 11:59 AM

#23282 RE: dotnet #23280

I am using my same system but using mostly 4 hours charts.
I am using EMA 22 for trend now instead of 34 and confirming it with SMA 55. Initial is still 5,8 EMA crossover to get ready. Using options as leaps or 3 to 6 months out. In short term options too much manipulation I observed. Taking 70 to 80 % profit rather than squeezing all, Greeks helped a lot in valuation and exits.
Those returns I mentioned in my post were for retirement account.
My trading account increased way more because of future leverage. It also got hit severely some times also. I am following system more diligently.
Few signals were wrong but I start a position with 10 % where as previously I was all in on first signal and whipsaw used to kill me. so instead of losing 5 % now I lose only 0.5 % equity on trade.