I bailed on my IT trade awhile back on a mid week shake out, I should have waited for
Friday close, all would have been well. The trade was up about 50% at one point. The
trade is back to even and pending a follow on buy. The next Sto. cross down should be another buy.
Since then my short term efforts have cost me 4-5 100% losses.
I have come to the conclusion that over all, the only way to make money long premium is by weekly trades
in the money several months out. Swing trading short term is impossible due to gaps. Futures are your only hope for short
term profitability. Anyone that disagrees please post a couple months worth of real time directional
option swing trades.
DXD Puts:
Blue line opens trade, green closes.
IT system
Started by
CLK
, May 25 2011 07:35 PM
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