I am still testing my Excel Spread sheet. BUT hey, so far so good. Basic thoughts on Statistics With calculating expected moves on a stock by calculating the mean profits per day for a certain term we know where we expect the price to be based on history. Now you
Read MoreWorking with weekly charts I love the IWM. Why is that? Because it has not moved much in over a year as we can see in the black line in the image. It is also said that the IWM is a leading indicator and shows the way of the SPX
Read MoreYou must consider a few developments in regard to Inflation, interest rate hikes, war and economic stagflation. Where is the economy heading and why do I short the Russel 1000. There are a few datasets I am following and a few political events. I wont put this all into one
Read MoreDerived from the amount of OPEN INTERESTS multiplied with 100 shares per contract times mid price gives us a good estimate what money is at stake and where the Market Maker will make the most money.
Read MoreAn update on IWM Call Spread. IWM reaches the frontline of defense threatening a breakthrough the all time high it reached in the beginning of March 2021 where it topped out at 234.53. Now what? Will it retread or advance?
Read MoreAfter the SPY dropped by 5% all commentators are in a tantrum. This will get worse. Why? The Feds keep pumping printed money into circulation, which immensely inflates the currency. We seem to be in the initial step of the “Blow Off Phase” of a trading cycle. Or the end
Read MoreCondition we need As discussed before in an environment that is poised for a downturn in 6 or 12 month we want to have a trading strategy that has the following criteria. We want to make money when the stock market moves up moderately. We want to make money when
Read MorePreface I was thinking a lot about this what I am going to lay out here. I have done it in the past but also differently. What am I talking about? The question is how to continue trading with the feel that the market will have a huge pullback coming
Read MoreWhen I was condensing my thoughts on the Qs the Spider also hit the target and I took it off. I was still looking at it and then a few minutes later, bang! A third hit today, all good. Closed SPY Iron Condor for 32% Profit Closed QQQ Put for 10% Profit
Read MoreBeside managing QQQ and the SPY Iron Condor, TSM naked Call and GM, I sold another Iron Condor from IWM. What is IWM? I dont really know. A RUSSELL 2000 ETF. IWM is like a VIN number. Do I really care color, make and model of the car? No. It
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