Posts Tagged ‘Delta Neutral Trades’

I signed up for the Tradingology options trading course last week and has been spending my nights watching the videos… It’s great so far… exactly what I’m looking for… as in, it matches my trading style perfectly…. low risks, good odds and statistically sound…. the only complaint I have about the course is that it is too long winded…. It takes perseverence to complete some modules, especially those introductory modules that teach concepts I’m familiar with….  Nonetheless, I’m at Module 9 currently, and have already started paper trading with the concepts I learnt….  I’m pretty excited about some of the techniques I learnt in the Tradingology videos… but I’ll keep my cool and paper trade them first…. let’s see how it goes….

In addition to the videos, I’m also reading “The Options Course” by George A. Fontanills… Another long winded book, but I read fast, so that’s ok for me….

Anyway, as a by-product of the videos and books, a forex idea (exit strategy) suddenly struck me… I’ll modify my trend-following EA as soon as I finish the options course….

Exit after two consecutive lower lows (if previously in an up-trend)… To prevent giving up too much profits, after the first lower low, hedge the position. Exit the hedge position when price moves back above the first lower low…. (Update: Consider doing this at the close of the bar)

Hope that will not be too troublesome to programme….

For those who are interested in the tradingology course, you can check it out here: Tradingology Options Course….. Now, in case you’re wondering, ya, this is an affiliate link…. Contrary to some common mis-conceptions, buying through an affiliate link will not cost you more…. In fact, if you buy through this link that I’ve posted, you’ll actually get the course at $137…. instead of the usual $197… (just google “tradingology options course” to check the usual rates)… cool… a whoooppppping $60 savings….

but if you are like me, you’ll probably wonder what’s the catch… well, the catch is… you will have to pay $10 for the “30-Day Free Trial to Tradeologist Daily Market Review and Commentary”… that’s totally optional, and being an egoist as I am, I don’t believe in getting trading ‘tips’ from others… so I did not sign up…

anyway, that’s all for now…. let me end with a ‘quote’ from Tradingology… Trade with Confidence….