How to Trade A Top

Dustin · Jan 31, 2014

NoDoji said:
OK, ready! Whadda we do???

I appreciate your enthusiasm.

tradingjournals · Jan 31, 2014

Dustin said:
I appreciate your enthusiasm.

Do you appreciate that she tripled the money on that trade in few minutes only? If no, should we guess why?

In trading the stick always lands in the loser's lower back.

Dustin · Jan 31, 2014

tradingjournals said:
Do you appreciate that she tripled the money on that trade in few minutes only? If no, should we guess why?

In trading the stick always lands in the loser's lower back.

I have no idea what you are talking about.

tradingjournals · Feb 3, 2014

tradingjournals said:
I thought to start this thread on how to trade a top for maximum profit at the least amount of risk.

The idea came to mind because I believe a stock I looked at might be around a top.

In case this would help with option strategies, the stock has options chains, 5 dollar increments, and is currently close
to strike 1185.

The stock fell 53 points from 1185 or 54.5 points from the all times top of 1186.5.

So far the RR is 52.5/1=+52.5.

What strategies could have reproduced this RR?