today have started this
1) initial capital usd 2500
2) day trading cbot grains options only
3) entry: when underlying cummulates 15 cents price movement in last 5 sesions buy puts (if movement was down) or calls if moved opposite.
This is a kind of contrary strategy.
4) what yo buy: closest to underlying price out of the money options at a maximun cost of 5cents (or usd 250 per contract), minimun 15 days trading days ahead to trade.
5) exit: at 40pct gains or when not enough trading days ahead and when at least save the in/out commision.
6) drawdown: only premiun paid for options
7) maximun 5 contracts at a time
8) will finish the programme when run out of money or by december 31st.
look like a lotto but it is a system anyways. very simple also.
comments are welcomed!
quicknorisk.-
1) initial capital usd 2500
2) day trading cbot grains options only
3) entry: when underlying cummulates 15 cents price movement in last 5 sesions buy puts (if movement was down) or calls if moved opposite.
This is a kind of contrary strategy.
4) what yo buy: closest to underlying price out of the money options at a maximun cost of 5cents (or usd 250 per contract), minimun 15 days trading days ahead to trade.
5) exit: at 40pct gains or when not enough trading days ahead and when at least save the in/out commision.
6) drawdown: only premiun paid for options
7) maximun 5 contracts at a time
8) will finish the programme when run out of money or by december 31st.
look like a lotto but it is a system anyways. very simple also.
comments are welcomed!
quicknorisk.-