JESGPY wrote:MightyOne wrote:JESGPY wrote:Mo i have checked you entry system for options and it look really good.
I have a question.. how do size you options, how do you decide the lots you trade .. i would like to aim for a 3 to 1 risk reward.. i have seen i can get that easily trading you system
i attach a picture of the trade i would have taken today.
thanks for your help
I tend to be a LOT more aggressive with options.
1 contract per $200 if you enter at B<10 or S>90.
1 contract per $300 if you enter at B<18 or S>82
1 contract per $500 up to the price of B=38 or S=62
MO how do you read the following. I extracted it from your last post
B<10 or S>90.
B<18 or S>82
B=38 or S=62
Buy at the position of less than 10 or sell at the position (between 0 & 100) of greater than 90.
If this is your position then use the money management to the left.