give me simple day trading method that works?

Let the Underlying option chain pick your direction:

ES example:
Market @ 1300
Look at options pricing 5 strikes OTM.
Look at 1325 calls and 1275 puts.

If they are close to each other stay on the sidelines.
If Put > Call Open Short ie (11.00 puts vs 9.00 calls)
If Call > Put Open Long

Multiday:
RTH:
Set your stop to 1 strike and ride the trade out until put/call pricing relative to market price equalize.
ETH:
Consider trailing a stop. Options pricing skewed after hours.

Intraday:
Open between 9:15am - 10:30
Take profits of 2 strikes
Close out by end of session.
 
Quote from oraclewizard77:

Jack Hershey has in the past given his system for trading stocks and futures for free on Elite Trader. So if you are not willingly to pay for training, then you still can spend some of your free time reading from his vast experience. Some of the threads have over 1,000 posts, so be prepared to study hard and practice.

He wanted a trading system that worked.
 
Quote from Gabfly1:

Why not just ask for small unmarked bills in a size 7 shoebox?

I am a size 7, and will donate the box for free. Just send me the bills and I will put them in the box and FedEx them to the OP immediately. Let me know if you want the mountain boots box, the purple spangled high heels box, or something inbetween.
 
Man..we ARE short on love here these days..i was expecting much more. MUCH more...Please add your day system here and I'll check back tomorrow. You'll feel good for it. thx
 
i'm disappointed no one has mentioned lenny dykstra. he has NEVER had a losing trade. since i've been following his advice i haven't either. their is just the matter of one open position that he kept telling me to double down on until the underlying reaches my $1 gain on a $100 stock. the current size of the position is 10,456,439,560 calls.
 
Quote from chipmunk:

Man..we ARE short on love here these days..i was expecting much more. MUCH more...Please add your day system here and I'll check back tomorrow. You'll feel good for it. thx

Still not sure what "Really works" means.

Do you have the discipline to follow a system that takes small losses more often than big wins? How many losses in a row before you give up?
Why haven't the systems you have tried worked for you?
 
Back
Top