The idea's we trade by, so we never lose again. p2. The students become the masters

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MightyOne
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby MightyOne » Thu Jul 21, 2016 7:58 am

Jalarupa wrote:
MightyOne wrote:
Sacrophage wrote:
I trade everything, but since it's an fx board...


Imagine trying to explain why it is better to write options than it is to trade outrights, I don't think that we even want to go there.


So you talking about selling puts and selling calls...?

The seller is the "writer" of the options contract and they are the ones that are collecting premium upfront, which can be used to scale other ideas going forward/?


Yes, I am talking about selling ITM options.

The risk of selling a call is roughly the same as shorting the underlying.

Imagine getting ready to go short and then having someone come up to you and offer you cash to go short.
The risk is 'unlimited' either way & the reward is only unlimited, for outrights, if you can make it that far down the chart.
At least with the option you are getting paid to trade.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Thu Jul 21, 2016 11:48 am

Got you... Thanks big cat!
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Sacrophage » Thu Jul 21, 2016 4:33 pm

I started a room! PM me an e-mail address and I can send invites. The first few of us can hash out what we want for guidelines.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby forexbob » Thu Jul 21, 2016 7:04 pm

Wow, MO turned green :mrgreen:

5000 posts =D> =D> =D>

Up to the next zero :lol: :lol:

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MightyOne
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby MightyOne » Thu Jul 21, 2016 8:50 pm

forexbob wrote:Wow, MO turned green :mrgreen:

5000 posts =D> =D> =D>

Up to the next zero :lol: :lol:


If I were blue I would die ;)

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salezyakuku
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby salezyakuku » Fri Jul 22, 2016 11:53 am

MightyOne wrote:If I were blue I would die ;)

:lol:

Sacrophage wrote:I started a room! PM me an e-mail address and I can send invites. The first few of us can hash out what we want for guidelines.

Sitting alone in room during London... what a .... #-o.

Plenty of lines today....
gu.png
gu.png (38.1 KiB) Viewed 285 times

ea.png
ea.png (54.16 KiB) Viewed 285 times
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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forexbob
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby forexbob » Fri Jul 22, 2016 12:54 pm

salezyakuku wrote:
Sacrophage wrote:I started a room! PM me an e-mail address and I can send invites. The first few of us can hash out what we want for guidelines.

Sitting alone in room during London... what a .... #-o.

Plenty of lines today....
gu.png
ea.png


Will take some time to get acritical mass in the room.
In the past tro's 2% room was sometimes also quite empty during london.
I did not even pm'd sacro...
And will be off for holiday during the coming weeks.

So.... As in trading , patience :)

Anyway , thanks for the charts.

The GU i opened yesterday from 1.32somting, to see this morning it closed at tp 1.31

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby salezyakuku » Fri Jul 22, 2016 2:36 pm

forexbob wrote:Will take some time to get acritical mass in the room.
In the past tro's 2% room was sometimes also quite empty during london.

We will see.... :roll:

Two more today trades posted in room taken 2 line above yesterday mid (pink line). Both closed now and logged off from room. Have a good weekend.
eur2.png
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"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Sun Jul 24, 2016 2:19 pm

This could be fun week for EJ. Also remember I had already said look for EJ to turn at 111. Now looking at this week for even more conformation of trend reversal. Orginal position would be at 111, possible add this week around 115, with possible advance up to 119. But most important looking for a close above 116.50
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v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Sun Jul 24, 2016 2:22 pm

To anyone who has not read Reminiscences of a Stock Operator, I would say read it asap. I read it this weekend and hands donw was the best trading book I have ever read. So much info for any trader. And its almost like reading about MO a 100 years ago, with some of the idea's he presents.

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