Thanks for your comments. I will definitely look into constant range chaets. When market is moving sideways with renko i lose money but for a trending market it is simple profitable method. (not hugely profitable as target profit is only one bar.
Sometimes it is difficult to say whether it...
There are so many features listed in TWS ,that it is difficult to learn all of them.
I would appreciate feedback on most popular features used for day trading index futures, like YM ,ES or NQ
Thanks
I take all the trades after first half an hour of opening. Even though loss is twice the win but most days there is a net win day. I have not backtested it as I donot know how to do it. But if there are 2-3 losing trades, I stop for that day . Overall I am profitable every month.
One another...
see the chart
Take a buy trade or a sell trade after completion of first green bar or red bar. Each bar is 5 points £10 per point. You can see how many profitable trades are there
I sell covered call options on ETFs. DIA, SPY, IWM, QQQQ. I make about 2% per month. I can possibly make more but I would like to leave free cash for adjustments.
I would like to find out volatility rankings for ETFs. Any source?
Thanks
I would like to buy some gold coins . What is the best way to do this?This might have been discussed somewhere but could not find the information. Do I always have to pay some premium above the spot price? How to find reliable suppliers?
Thanks for the information.
I saw some etfs have two option expiry dates in a month- or may be quaterly months. one at 3rd friday and second at end of the month.
Is it possible to get a list of thse etfs ?
Thanks
Honestly I am not offended by your comments. I know my lack of knowledge and I will add 3rd item as well. I donot know anything about greeks.
I want to move from options to daytrading index futures. I am spending lot of time on building screen time . If I can grasp price action daytrading...
hypothetical example
say IWM (ETF) is at 62
I buy 100 shares and sell one call at 62
I sell one vertical spread on put side - sell at 62 and buy at 59.
I get two premiums to start with. Now what is the risk?
and any better way to get the same results? Is there a name to above...