well.
if you long things like those China index futures, hangseng,
then you have to top up your account soon.
What is your most profitable trading strategy?
- Thread starter Trader_NY
- Start date
well.
if you long things like those China index futures, hangseng,
then you have to top up your account soon.
Buy every nas future dip. max leverage. HODL to the moon with jeffy and loony.
I mostly swingtrade but i am not quite sure if options trades are better than buying the stock.
Example: Biontech (BNTX) was traded on 7/19 at $242.64. The OTM Call, strike 245, expiration 08/20, was priced at $20.45. If you had bought this call you had invested $ 2,045. BNTX made a huge move to $433.90 (Top on 8/4). The call exploded to $105.15. That could have been a win of $ 8,000. If you had invested the amount of $ 2,045 in the stock itself you could have made a win of 78,82% (move from $242.64 to $433.90) approx. $1.611.87.
But the risk of loosing the whole amount of money of $ 2,045 is huge by buying a call and i´m not sure if i had taken this risk.
Example: Biontech (BNTX) was traded on 7/19 at $242.64. The OTM Call, strike 245, expiration 08/20, was priced at $20.45. If you had bought this call you had invested $ 2,045. BNTX made a huge move to $433.90 (Top on 8/4). The call exploded to $105.15. That could have been a win of $ 8,000. If you had invested the amount of $ 2,045 in the stock itself you could have made a win of 78,82% (move from $242.64 to $433.90) approx. $1.611.87.
But the risk of loosing the whole amount of money of $ 2,045 is huge by buying a call and i´m not sure if i had taken this risk.
Long term: Eventually finding monthly/weekly/daily highs/lows for counter trend and always hedge so I don't go broke, then seek deep retracements to add on with the trend.
Swing: am directional and do credit spreads.
Day trading: Wait for retail stops to be hit, go with the trend.
Automate all of it.
Go to Starbucks much.
Swing: am directional and do credit spreads.
Day trading: Wait for retail stops to be hit, go with the trend.
Automate all of it.
Go to Starbucks much.
thus the recent interest in Sisyphus ...
(I play this game of reverse-bowling fairly often)
scalping is not a strategy. It’s a style.
You might be right, but if scalping was not my strategy, then I wouldn’t have any strategy. I only rely on level 2 to trade, and I wouldn’t know what my strategy is.
Good observation.thus the recent interest in Sisyphus ...
(I play this game of reverse-bowling fairly often)
No worries tho. Happens during the learning journey.
Gonna add more to ATHM and wait.
Eventually the ball will fly up like from volcano.