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Lerogee... remember me.. paul from florida.. been awhile.. ill try to PM you... if read this PM me.. I saw the Holygrail... love it..
rsi (2)... and stockfetcher... ha ha
Struc
Hi LEROGEE,
I'm one of subscriber of Tycoon Report news letter, I saw you on one of Chris Rowe's webinar. I see you have good win rate.. you provided RSI and MACD are best indicators in webinar.. would you please provide me e-book you referred in one of threads relate to set ups?
You can send to my personal email id (rnandyalar@yahoo.com).
Thanks
Raj
If you're really interesting in making money from options. You need to join the chat room: They have a 14-day trial period you can try. I believe the trail period is coming to end this month:
http://www.optionmillionaires.com/
Hi Found you...looked and looked and finally found you...Your so great..I am hoping tza does o.k..boughtat higher area..butthis little guy flies..best teacher..Christina goldengirl
lerogee. Came by & marked the board. GLTA!
I finally have the true holy grailwere setting right at the top of the down trend line which is about 126.30 and right under the 200 ma at near 126.45>which can act as major resistance> the bottom trend line is at near 124.0> on the long term we have almost a identical pattern to the 2008 top before it crashed>the volume today is on the low side and the buy and sell volume about about even> guess we need to see what the spy trades in ah today>????
http://screencast.com/t/9BBvw3IXB49Q
http://screencast.com/t/tKw6pro5Br
http://screencast.com/t/rDiNUXXba1
http://screencast.com/t/8DRf8DOiG4
if you are on the mail list you see that lero has a new system, he is on the other board.
zach, any good option traders on the boards?
he is a pedophile scammer, living in a trailer in florida, paper trading after the fact on demo software that is delayed 15min....it's all a scam to get money from you so he can teach you how to "trade" his "system"
Do your homework on this guy, he has been scamming people for years on various websites under a multitude of aliases, acting as both male and female.
I thought he was on the yahoo boards. don't hold your breath for him to return here. :p
..well...so much for that call...
My wifi internet was down for 6 days, service just restored last night, will be back in action to test out the option calculator again.
I will post if there are significant results.
Any progress on using option calc to determine bias. GOOG is around the corner to test out.
I only ran the option calculator on Oracle a couple of weeks ago and the result were not conclusive.
I will run it for the next new season of earnings thoroughly from mid July and will announce the progress.
any company with decent spread, OI and Volume. How to define that is up to each of us.
How are you doing?
except you can watch the trades I am in live....no hindsight. They are just not posted live on ihub
hmmm.. sounds familiar, lol..
webx99,
You mentioned last week that results were encouraging when using the option calculator on earning lately the night before earning.
So which companies were you testing or trading ?
Big companies mean RIMM, AAPL..etc and Small companies mean penny stocks.
I will test it myself and share the results on option calculator if they are consistent.
I doubt anyone has tracked that. How do you define "big" versus "small"??
I am sure you have your own defintion of "big" and "small" so why don't you test it and let us know what you find. ;)
Do you use it for big or small companies earning ?
Any differences in accuracy of the option calculator between big or small companies ?
Please provide an example.
Thanks.
I think the option calculator is much more useful for individual company, such as for earning. It is harder to get it right for index, such as SPY, qqq
Yes, I am just starting to really look into using the Option Calculator to pick a put or call the night before earnings announcements.
So far it looks encouraging.
FNSR Earnings again? Paper trade-buying Puts on FNSR. Today lower than yesterday on higher volume, RSI 14 low, more puts than calls - Havedn't looked at everything. but think short.
Is this the market bottom ? I sure hope so as it doesnt feel good when it goes down. Bought 60 SPY Jun 131 Calls today for 0.07 and I believe the market is going up. SPY closed at 127.70 Jim
i haven's seen the post - so i cant say one way or the other. If you dont mind a brain dump, here goes. The weekly spy chart RSI2 is reading 3ish, and the last time the weekly charts were at this level was 3/18(spy closed at 125ish). It then went on a tear to 137 over the next few weeks. 4/29 was the last weekly RSI2 top, and the spy dropped from 136 to its present level. The daily tells another story - the rsi2 has been below 5 since the 6th, and the spy has declined from 130 to today's low of 127. Looking at the 30 minute charts, there were rsi2 readings less than 10 on the 6th, 7th,8,th and again today, and in each day the spy ranged at least 100 tics. If you are looking to scalp, then there were certainly opportunities to profit on the buy side, but if you were holding these for multiple days (as i interpret some of his posts) - i think you would have seen some wild swings. As mentioned - i think there is some merit to this system, but i think there are more rules that need to be built around it. i think we can all agree that the rules laid out were not in line with some of the trades that he "allegedly" made on the spy, so perhaps this forum can continue with a more objective look at buy/sell scenarios, risk management profit targets etc.
That being said, here's a post that i feel relevant to our discussion...
http://ibankcoin.com/woodshedderblog/2011/06/07/spy-closes-twice-beneath-lower-bollinger-band-bullish/
SPY has ben in a down channel since 5/2. It's now near the bottom of the channel, so it's likely to go up to the top of the channel.
It looks like it hit the lower LR100 a few times yesterday. I'm sure Lerogee looked at buy and sell volume.
cpqno, what do you make of leroys posts over at the Y! mb? looks like he is using several points to make the case for a short term long trade on SPY using the weekly call options?
looks like leroy turned short term bullish on SPY, from his posts on Y! mb.
i think he is saying it could last for a couple of days. any body else have an interpretation of his posts?
If you dont mind me chiming in, here are my 2 cents. After toying around with this for a while - to include a few profitable trades - i do think there are some merits - but there are some aspects to be desired - such as money/risk management, and my observations of the Rsi2 - is that you are more likely to get whipsawed. There's no doubt that if you can get in on the right side of any the SPY option trades there is some pretty decent upside potential - but i just dont see where the the option calculator and the after hours buy/sell volume are accurate predictors of the Spy the following days. As such my plan is to continue to refine my methods, as well as welcome any insight others have to offer.
webx, are you using rsi2 and the option calculator to make any trades? i guess we are on our own here. leroy is busy with the students and none of the students are giving up anything.
He called same day trades. I think a few morning gap-ups on news. He said buy calls after a pullback.
He sometimes said to buy some option now - some of those worked.
Mar 1, 3:11 pm ET, he said buy SPY calls. I didn't buy right away, but if I had, I would have mnade money. I think that was at a bottom.
Apr 27 he said buy AMZN calls - they woul have made money. The guy who did post # 640 and 644 made money.
He did call the top in silver in a post on here, and on the SF board he called for a SPY top on May 27, which has been right so far.
His trading is very short term and quite complex, I am trying to find some simple way to use it.
for me the key seems to be is to use mo. wkly. and daily charts with a rsi2 indicator and go for short swings using near month options that cost about a $1. Using SPY, QQQ, IWM, GLD, SLV.
long calls when rsi2 is low, and long puts when rsi2 is high. hold for only several days or even less.
Anybody else have an idea?
Thanks jerome77, you can add another name that he's presently using on SPDRs (SPY) message board: moneyangel777 I'm surprise that the SEC has not investigated him.
Hi there, I saw $500.00 mention on a posting a few week ago about Lerogee's coaching offer: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62639547 By what you are saying he is also charge $500.00 for newsletter.
My concern with lerogee that he only paper trading which he has showed examples from Wall Street Survivor. If his trading system is so good, why paper trade? Also, I don't have a problem if someone wants to teach traders a new trading idea, but least be honest when you are teaching it. That's why my concern with his newsletter. He chooses extreme risky stocks that very volatile and can ruining your trading account quickly.
I asked here a couple of weeks ago if anyone joined and how they are doing...no replies.
I also asked the same under OptionTrader333's post on Stockfetcher...no replies there either.
Hey David, thanks for that link, i thought there was a post on here about his sub recs, but i cant find it. maybe IH deleted it. i think it was 500 bucks.
if anyone joined maybe they can chime in.
Hi hubcaps, looks like no one can figure out his trading system stated by 1zach4's last posting. I did see this on Stockfetcher website that lerogee, under then name optionplayer333, stated that he has subscribing program. Do you know anybody who's involve with it, the cost and how successful it is?
====================================================
My option recos to my subscribers the last week 10-10
right now i only trade slv and spy because of their giant option volumes> and very small spread between the ask and bid>
My 10-10 recos
that follow me> i gave these recos out of the inverse head and shoulders on spy and slv to a group of subscribers to my training my 90% holygrail system> on slv near close on 5-20 and on the spy near 131.85 on 5-26
132c spy 0.51 to 1.84= +260%> conservative play at the money
133c spy 0.16 to 0.87= +443%>moderate risk
134c spy 0.03 to 0.15= +400%>highest risk
33c slv 1.15 to 4.20 +265%
34c slv 0.70 to 3.25 +364%
35c slv 0.35 to 2.22 +534%
36c slv 0.15 to 1.29 +760%
37c slv 0.06 to 0.63 +950%
http://forums.stockfetcher.com/sfforums/?q=view&fid=1002&tid=100936&qrid=
Thanks, for pointing out what's going on there and about his background. I was wondering what has happened and if his trading system actually works.
no the guy is a scammer and a pedophile....he calls all of these trades in hindsight and then tries to get people to pay him for help when they can't get his system to work
Scaling out of AAP
big block sells the last 3 hours
silver heading to 50 ?
I follow the money meaning smart money. Here is the smart money getting in the bottom of the spy on friday 3-4-2011 @131.80 for the week of 3-7-2011 s big run up maybe to a new high.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |