Recent content by highonoptions

Got it. Thanks for your response. I tend to trade equities that have had a pretty bid downfall and to me (based on my research) seem oversold. Obviously the downside risk is always stock going to 0, but I try to put my money into companies that do not stand a chance of bankruptcy. Is there a...

This makes sense. Thanks for your input! I need to put the data to it, but just from watching, on some of the big down days we have had over the last 2 months, I.e. dow is down 5%, my account is typically down less than 1%.

I have been trading live with real money since JAN of last year. Advice makes perfect sense. Thanks!

Yes. This is where I am having trouble. I really want to do this full time, but am having a hard time making the jump because I have no way of telling luck versus strategy. Nothing I am doing is extremely insane in terms of leverage, and most of what I am doing I would save is a 5 out of 10 in...

S&P 500 6 month return is almost 9%. My 6th month return is about 46%. How do you gauge if the differential is luck or strategy? That is what I am trying to figure out.

Great advice. Thank you!

Just because I have been trading for 10 years, does not mean that I have been doing it like I have been over the past year. I traded here and there.. nothing major, but have been watching the markets the whole time as well as individual equities. I recently got heavily into trading last January...

nice. What do you like best about Barchart premier? I use the free version of Barchart for a few things.

I am new as well. I have learned everything through videos, trading in a dummy account, and Market Chameleon. Market Chameleon is free to trial, but is a paid membership at $99 a month after that, but is well worth it!! It will pay for itself in no time with the tools they have available for...

Does anyone in here utilize Market Chameleon paid membership? What are your favorite tools to use in your trading endeavors? Mine are the order imbalance, options screener, and daily big block trades.

How long do you think is needed to determine whether to trade full time? Isn't there money to be made in all markets? Don't you just need to adapt your strategy and ensure that you do not have all of your $ out there when a big correction does come?

Definitely makes sense. I only go week to week expiration, My risk tolerance is probably about a 5 out of 10. I have never sold a naked put or use any complicated strategy. Everything I am doing, I either own the underlying asset and write a covered call, or I sell PUTS OTM but that have a...

Just basic strategies of buying underlying asset, writing a covered call ITM with the intent of turning over the shares but keeping a nice premium to do so, obviously reducing my upside, but still make decent gains. Also been selling a lot of PUTS pretty far OTM on equities with high IV.

I am new to this forum and I am new to options trading, I started in late november of 2020. I feel like it has been extremely easy trading options and my success rate has been about 96%, is this normal? Is it the market? Trying to figure out if it is luck or if my strategies are actually...