So, generally speaking I don’t love any short term trading strategy.. mostly due to the fact I lose more money than I make but given the simplicity and potential power of this new strategy it seems reasonable to share.
In my last post I mentioned placing a pin in the discussion about finding trades after Fib levels were identified. In today’s post were going to pull the pin and continue our conversation about high probability trades.
Lets review a strategy that is far too often overlooked in this newest post… how to trade a poor mans covered call.
The poor man’s covered call is an easy, low management, and relatively low risk strategy, traded the same as a classic covered call, only considerably cheaper. Let’s start by identifying a trade candidate.
Hey traders, lets get right to it. I want to share with you an easy options trading strategy, more appropriately, an incredibly accurate trading strategy. I’m tentatively calling it the MACD dive or the MACD rise, to highlight the exact indicator we’re using and the desired directional trade we’ll be looking for. Before getting started have a look … Read moreEasy Options Trading Strategy that Really Works
I’m entering an options trade on FXE, here it is with some detail. Enjoy and don’t forget to ask any questions below.. Here’s the chart… *Please note this image was taken on 5/9/17 I actually entered the trade 6 candles back, on 5/2/17. Analysis I’m considering or more appropriately, was considering entering an options trade on … Read moreCurrencyshares Euro Trust (FXE) – Live Trade – Entry 5/2/17