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I've been having great success buying minor dips in Investor's Business Daily's CANSLIM stocks for a 5% swing trade profit. The problem: when I set my stop loss to be 5% below my purchase price (for a 1:1 risk reward ratio), I kept getting stopped out. So I set my stop loss to 1 tick below...

Thanks for your reply LanceJ. Can you tell me what the typical loss looks like when you unwind your spread? Is it something like $20 per contract? $50? $100? I'm just trying to get an idea of what the bare minimum loss (not the max loss) would be when I unwind the position when the stock hits...

Thanks for your reply lindq. So you're saying it's commission + spread = bare minimum loss I'll experience if the stock hits my stop loss? In your experience, what sort of loss have you experienced when this happens? Am I looking at something like a loss of $50 per contract?

Hi guys, I have a question about the minimum risk involved in trading a bull put spread. Let's say the stock is at $389. I sell the Sept. 18-expiring 370 put. And buy the 360 put. This gives me around $295 in premium per contract. Max profit: $295 per contract Max risk: $705 per contract...

What should the minimum volume/open interest be for you to consider it tradable?

How much money am l I leaving on the table by trading options with 0 volume and 0 OI? Is it really that bad?

What about 0 volume in addition to 0 OI?

Hi guys, I've been reading about some great strategies using bull put spreads with growth stocks. Can I put on a bull put credit spread if the OI and volume for both the put sold and put bought are both 0? Is this recommended?

Hi guys, William O'neil (the founder of Investor's Business Daily and the author of How to Trade Stocks) said that CANSLIM stocks typically go up an average of 20% over a median time of 13 months in a bull market. Knowing this info, do you mind sharing some ways I could make money using...

Can you recommend any backtesting software that's free or paid?

Thanks for the reply Scataphagos. So it's wise not to use moving average cross overs in general? Or just for swing trading?

Hi guys, I'm new at swing trading stocks. Can you please share with me what pair of moving average crossovers you recommend for swing trading? I'm looking to make 5-7% gains per trade (when I'm right). eg 23 and 30 day EMA crossover? Thanks