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  1. L

    S&P 500 Sector ETF Momentum Rankings

    There was little practical difference between 11,22,33 ATR and 9,20,50 ATR so I put 9,20,50 ATR in the screener and on the ATR on the chart. The naked put screener gave me some good deals but often the bid-ask spread was so wide I had to hold the position until expiration or almost, so I...
  2. L

    S&P 500 Sector ETF Momentum Rankings

    Oh, I'm pretty conservative about it. I put in 11 and allowed ETF trading again.
  3. L

    S&P 500 Sector ETF Momentum Rankings

    Set the strike price on the Moving Average Envelope 1,22 or 1,33 that corresponds with the LOWEST Average True Range 22 or 33. ETFs generally can’t compete with stocks, so don’t mess with them.
  4. L

    2020 Trading

    SVXY is so flat it doesn't give me anything to work with.
  5. L

    S&P 500 Sector ETF Momentum Rankings

    I never subscribed to anybody or did anybody's system exclusively (I had lost too much money to spend money on instruction). I sell puts on Weekly Options and haven't had to take assignment yet. I did get out of a lot of SPY puts about March 18 when I was starting but it turned out I wouldn't...
  6. L

    S&P 500 Sector ETF Momentum Rankings

    All I know about anybody is what I see on the internet. BestStockStrategy, Core Position Trading and The Blue Collar Investor are about the closest to what I do now.
  7. L

    S&P 500 Sector ETF Momentum Rankings

    But I do like having some Moving Average Envelopes to assist me in setting a strike price.
  8. L

    experience with rolling out a covered call

    Selling naked puts on the Wheel is really less risky than buying stock for selling covered calls because hopefully by the time you get assigned some stock most of the downside is out of it. You get paid to NOT lose money. My criteria is on the ETFs Momentum thread.
  9. L

    S&P 500 Sector ETF Momentum Rankings

    I went back to LRCs and Weighted Alpha. I figured it was simple and effective.
  10. L

    Well well well...who would like to see my prediction for next week? Post your prediction here...

    You didn't even answer by one of your own poll choices.
  11. L

    S&P 500 Sector ETF Momentum Rankings

    I replaced the RSI-3 with a MACD 1,5,1 so I can screen with the Average True Range and 5-Day Moving Average for 1st Choice, 2nd Choice, 3rd Choice and 4th Choice stocks.
  12. L

    S&P 500 Sector ETF Momentum Rankings

    Trading rules: If the ATR 14,20 is green and the RSI-3 is blue, place the strike price on the green MAEE 11,11. If the ATR 14,20 is green and the RSI-3 is red, place the strike price on the blue MAEE 22,22. If the ATR 14,20 is red and the RSI-3 is blue, place the strike price on the blue MAEE...
  13. L

    S&P 500 Sector ETF Momentum Rankings

    So I put Volume on the chart and I screen for ranked high volume and I find a naked put screener result or a covered call screener result which is high volume and I find strike prices with not-too-wide bid-ask spread that look acceptable on the chart. Might not pay out much more than SPY but...
  14. L

    S&P 500 Sector ETF Momentum Rankings

    The bid-ask spreads on the Naked Puts Screener were a little too wide, so....
  15. L

    S&P 500 Sector ETF Momentum Rankings

    There are sometimes honey holes on the naked puts screener, so I decided to trade just honey hole stocks and continuous SPY. If the 20-day ATR is higher than the 14-day ATR, place your strike price on the MAEE that you are most comfortable with, 11-day or 22-day or further OTM if especially...
  16. L

    S&P 500 Sector ETF Momentum Rankings

    Those Linear Regression Channels took up a lot of room. To easily select a strike price, simply select the Moving Average Envelope which matches your comfort zone.
  17. L

    S&P 500 Sector ETF Momentum Rankings

    I decided to gunsling it with a good old-fashioned 14,20,34 MACD Awesome Oscillator.
  18. L

    S&P 500 Sector ETF Momentum Rankings

    I simplified the trading system.
  19. L

    S&P 500 Sector ETF Momentum Rankings

    7-day Average Directional Indicator isn't an accurate way to screen for bullish True Strength Index, so I leave that out and flip through the charts of the top screener results for them.
  20. L

    S&P 500 Sector ETF Momentum Rankings

    I'm thinking that dealing in only the highest-weighted-alpha stocks and continuous SPY is the way to go. The positive 14,20,1 MACD requirement is intended to keep you out of the rare crashing stock which would qualify as a trade otherwise.
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