Search results

For the trend & all sorts of techncial analysis, I solely look at daily & weekly chart. I don't need any chart which is longer than that. I have no idea how to read 2-day, 3-day etc. chart! Is it just the same as what we do for daily chart? Why do we need to combine these days into 1? What...

I'm not sure if it's my misunderstanding or just our wording is different. Like delta is the measurement of the sensitiveness between underlying and option premium. A delta of +0.7 means that for every $1 the underlying increases the call option will increase by $0.70. So an increase in...

But that's the main point of argument in this discussion. How could you find a way to appy them in a profitable way? As someone pointed out, it couldn't make use of candlestick patterns to gain. So it's not really an issue whether the pattern can be coded. It's we're still not sure whether...

Mark (NihabaAshi), That's the problem. It should be the most important chapter! They should spend most of thier time on this approach, rather than naming each pattern & labeling them bullish/bearish/neutral; confimration/reversal. Some of my books don't even mention it. It seems the...

I realise candlestick pattern alone is useless, as I stated previously "canldestick pattern taken out of the context is notihng more than arbitrary". But how about if you combine other factors into consideration, eg the location/position, the size of the pattern (some patterns have to take...

I do understand how "Greeks" affect the option price. Eg: I know how the option price be affected if implied volatility / delta / gamma / vega changes. I know their relationships as stated previously. There're a lot of complex Math and formulas for option pricing too. :) However I don't see...

MTE, you may be right. My knowledge of options is nothing about very basic. And I know nothing about application. I'm just learning theories. :( I do know what's call/put and different trading strategies (eg long straddle). If I see the trend is in upward / downward / sideway, I know how...

I'm not sure if I'm correct. I just listen from others. Although OTM options has no intrinsic value, an OTM option will eventually have intrinsic value when the underlying moves in your favour, so the above statement still holds true. But deep ITM options have lower volume and higher...

I don't feel we have competition, really. It's because I can always find someone who are willing to do the opposite, no matter it's in stocks or futures. You just need to do your best - predict the trend! That's it. No competition really. Is this the only reason you trade options - more...

Hmm... Yes, it sounds very right. But it may not if you think twice. There're all sorts of knowledge, but does all knowledge good? Does all knowledge suitable to you? You have limited time only. Do you think you should learn everything coming across you? ===========================...

Do you mean you just look at the indicator applied in multiple timeframes (4 or 5) simultaneously? Do you just read CCI only? No others? So you just trade base on it (mainly) and gain, right?

I'm definitely willing to learn by mself, as it's what I did for stocks & futures. However I wish to know if options is suitable to me first. I don't wish to learn something for long time which I discover later I go on the wrong track - I should learn options at all. Why do you guys trade...

I can't get what you mean. I can't see there's any potential on options. You said I need manage not only the prediction of the trend, but also all sorts of things like voliatility, time value etc. for option trading. Then you said I just need manage the prediction of the trend only for future...

MoMoney, Frankly, I haven't really spent some efforts on learning options. I would like to know if any option trader can gain consistently first. Could you manage to predict well and gain from option trading? Is there any real reliable/practical way to predict volatility? ----- As...

It looks option is more complicated. I would like to know if there's any way to predict volatility. The reasons why I would like to trade options are because of the following: - If I see the trend is going to rise and I buy a call at a cost. Even if the price doesn't rise enough to cover...

Why? How could it happen? Could you mind explaining more about that? The underlying goes in my direction, but I'm losing :confused: I suppose this could only happen if the extent of movement is too small or the option is thinly-traded or you get options whose strike price is too far away...

So what makes you feel there's no reliable model for estimating volatility? What're your beliefs and trading approach?

Tape is not a chart, so your choice should be "no chart". :D I would like to read candlevolume too, but sometimes the candlestick shrinks too small that I find it difficult to read. It would be great if I can set the min size of the candlestick.

Next time, you may try to add some more options: - line - bar - candlestick - candlevolume - equivolume - point & figure - 3 line break - tick chart only - others (please specify) - no chart - I don't read charts! Note: I would like to add 2 more options - Kagi, Renko too. But it's...

What chart do you read? Hey! I'm interested to know what chart you like to read (most). Have your vote and share your ideas why you pick that specific chart. Thanks! :)