Search results

  1. L

    S&P 500 Sector ETF Momentum Rankings

    I was going to sell credit spreads on the highest IV Rank equities that tastyworks lists, but the tastyworks chart sucks for selecting an outlook and strike prices, so back to Barchart for a solution. Go to Barchart Screeners and sell appropriate credit spreads on the equities using the...
  2. L

    S&P 500 Sector ETF Momentum Rankings

    I figured I shouldn't need a scalping chart for trading monthly spreads, just something for selecting an outlook and strike prices.
  3. L

    S&P 500 Sector ETF Momentum Rankings

    After being paranoid against credit spreads, I finally crunched the numbers and agreed that credit spreads are potentially better than debit spreads like 80% of the time (check the IV Rank) and became a full-fledged tastytrader, although I don't see any sense in getting into butterflies and...
  4. L

    S&P 500 Sector ETF Momentum Rankings

    I figured if the 10-8 Day Moving Average Hilo Channel is my money-maker I should concentrate on it.
  5. L

    S&P 500 Sector ETF Momentum Rankings

    It seems like the 10-8 Day Moving Average Hilo Channel is a good place to screen.
  6. L

    S&P 500 Sector ETF Momentum Rankings

    The Rattlesnake trading system is basically what I've been doing but is demonstrated by the Cycle Trading Momentum oscillator invented by Jim Prince.
  7. L

    S&P 500 Sector ETF Momentum Rankings

    Top PPO is Accelerator Oscillator. Bottom PPO is Awesome Oscillator. On the 50-day Percent R, above -50% is a bullish alligator, below -50% is a bearish alligator.
  8. L

    S&P 500 Sector ETF Momentum Rankings

    Above -33% is an Alligator, below -67% is an Alligator. The Percent R tends to go from one side of -50% and its Alligator to the other side of -50% and its Alligator.
  9. L

    S&P 500 Sector ETF Momentum Rankings

    I figured it would be worth it to spend some money on a good options screener, but I couldn't find one that suited me and the one on Premier Barchart had a bunch of incorrect premium prices so I cancelled my purchase for it.
  10. L

    S&P 500 Sector ETF Momentum Rankings

    I've decided on a strategy of trading vertical debit spreads with locked-in profits, taking advantage of arbitrage. Supposedly guaranteed small returns comparable to trading credit spreads and with less risk and still the potential to take part in a major move.
  11. L

    S&P 500 Sector ETF Momentum Rankings

    I've decided a delta neutral strategy is more trouble than it's worth. Sometimes it doesn't even make sense and it can cost you more money than you save and it makes trading big and complicated and eats up your capital and Jesse Livermore never worried about it and just get out of the position...
  12. L

    S&P 500 Sector ETF Momentum Rankings

    The 9-day Percent R green line is used for entering scalping above -20 and below -80 with respect to 100-day Percent R red line pressure and the two PPOs.
  13. L

    S&P 500 Sector ETF Momentum Rankings

    I still am attracted to the idea of a neutral delta portfolio. I figure the delta ought to be smarter than I am about what to do. I have settled on a long guts strategy. I saw it suggested you sell options against your losing legs, but that doesn't look like it would be worth doing. Just roll...
  14. L

    S&P 500 Sector ETF Momentum Rankings

    I revised my trading system. I was going to go delta neutral, but I read that's just for when you're hedging and when you don't know what you're doing.
  15. L

    S&P 500 Sector ETF Momentum Rankings

    After all this volatility, I've come to believe in neutral delta and straddles and strangles and guts. Buy anything with %K higher than %D between 0 and 50 on the 9-day Slow Stochastic, sell anything with %K lower than %D between 100 and 50 on the 9-day Slow Stochastic, but hedge your bets with...
  16. L

    S&P 500 Sector ETF Momentum Rankings

    I put in a Fast Stochastic to encourage me to scalp at appropriate times.
  17. L

    S&P 500 Sector ETF Momentum Rankings

    Collars are basically a long strategy, and this is a bear market. I could hold those collars over two years and still not get the LEAPS puts paid for by covered call sales. There is such a thing as a reverse collar if you're allowed to sell short, but why mess with stocks/ETFs at all...
  18. L

    S&P 500 Sector ETF Momentum Rankings

    The middle PPO is used as a 14-day MACD and for scalping and for pointing to the longer-term bullish and bearish PPOs.
  19. L

    S&P 500 Sector ETF Momentum Rankings

    Gin a body meet a body Comin thro' the rye, Gin a body kiss a body, Need a body cry? Gin a body meet a body Comin thro' the rye, Gin a body kiss a body, Need a body cry?
  20. L

    S&P 500 Sector ETF Momentum Rankings

    I decided to use the scalping chart all the time because there's no use in having the ability to read a chart and not using it.
Back
Top