NexusFi: Find Your Edge


Home Menu

 





Weekly Option Trader


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Vikings1 with 178 posts (397 thanks)
    2. looks_two Gisfor with 12 posts (3 thanks)
    3. looks_3 Cloudy with 10 posts (8 thanks)
    4. looks_4 Big Mike with 8 posts (15 thanks)
      Best Posters
    1. looks_one theoptionguru with 3.5 thanks per post
    2. looks_two Vikings1 with 2.2 thanks per post
    3. looks_3 Big Mike with 1.9 thanks per post
    4. looks_4 Cloudy with 0.8 thanks per post
    1. trending_up 59,054 views
    2. thumb_up 482 thanks given
    3. group 56 followers
    1. forum 271 posts
    2. attach_file 544 attachments




Closed Thread
 
Search this Thread

Weekly Option Trader

  #211 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418








Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following user says Thank You to Vikings1 for this post:

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
55 thanks
NexusFi site changelog and issues/problem reporting
48 thanks
What percentage per day is possible? [Poll]
31 thanks
GFIs1 1 DAX trade per day journal
29 thanks

  #212 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418

Green line, blue dot, buy the break of that dot
Red line, white dot, short the break of that dot











Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following 3 users say Thank You to Vikings1 for this post:
  #213 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418


Two types of buys:

1). Green line, blue dot, buy the break
2). Gree line, Darvis Box break, buy the break (an example shown below)

Two types of sells:

1). Red line, white dot, short the break
2). Red line, Darvis box break, short the break

Have a great weekend!

PS: This PCLN option is already a 4X!! (But watch out for those spreads, LOL!)


Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following 4 users say Thank You to Vikings1 for this post:
  #214 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418

Two types of buys:

1). Green line, blue dot, buy the break
2). Gree line, Darvis Box break, buy the break (an example shown below)

Two types of sells:

1). Red line, white dot, short the break
2). Red line, Darvis box break, short the break


Oops those PCLN options went from a 4x to a 20X (but remember to be VERY careful of those spreads! )




Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following user says Thank You to Vikings1 for this post:
  #215 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418

Our greatest glory is not in never falling but in rising every time we fall.
Confucius




Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following 2 users say Thank You to Vikings1 for this post:
  #216 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418

In my attempt to make things simple enough a 10 year old could trade, I guess I have made it too hard to understand and thus completely worthless.

Not really sure how that can be, but I just have to throw the towel in and walk away.

This has been one of the most frustrating teaching attempts I have even under taken.

Truely amazing experience!!

Rule were:
Green line, Blue Dot, buy the break
Green Line, Darvis Box break, buy the break

Red Line, White Dot, short the break
Red Line, Darvis Box, short the break

Pretty tuff!!!!!!!!!!!!

My recommendations are to go find the most complicated system you can find (there are plenty in here), then you can feel justified not to get into any trade and feel good about that decision as it races away.




Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following 3 users say Thank You to Vikings1 for this post:
  #217 (permalink)
 timmyb 
duluth,mn
 
Experience: Advanced
Platform: ninja,thinkorswim
Broker: Amp-Zenfire
Trading: ES,Options
Posts: 654 since Feb 2010
Thanks Given: 81
Thanks Received: 1,361

I dont this your system is that hard. I have been following the thread for a while and enjoy the posts. Especially since you live in minnesota also. I hope that you keep posting and ignore those who may be causing issues. I appreciate your time and i hope that others will post in the hopes that you continue your hard work. Remember you can lead a man to fish but you cant make him fish LOL. There are quite a few i am shure following your concept and learning with each post.

Thanks again for you posts


Tim

Visit my NexusFi Trade Journal
The following 2 users say Thank You to timmyb for this post:
  #218 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418

Thank you Tim for the nice comments and it just goes to show you why we are where we are in this world. Unfortunately, most people want you to not only catch the fish, but clean the fish, cook the fish, feed them the fish, and then they will probably bitch that it isn't cooked correctly for them.

Take care and I wish you well.

V



timmyb View Post
I dont this your system is that hard. I have been following the thread for a while and enjoy the posts. Especially since you live in minnesota also. I hope that you keep posting and ignore those who may be causing issues. I appreciate your time and i hope that others will post in the hopes that you continue your hard work. Remember you can lead a man to fish but you cant make him fish LOL. There are quite a few i am shure following your concept and learning with each post.

Thanks again for you posts


Tim


Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following user says Thank You to Vikings1 for this post:
  #219 (permalink)
 timmyb 
duluth,mn
 
Experience: Advanced
Platform: ninja,thinkorswim
Broker: Amp-Zenfire
Trading: ES,Options
Posts: 654 since Feb 2010
Thanks Given: 81
Thanks Received: 1,361

I hope to see you post again. How has trading gone last few days. Thanks again

Tim

Visit my NexusFi Trade Journal
  #220 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418


Hi Tim,

Trading has been good actually, especially the weeklies.

Take care.

V


Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
The following 3 users say Thank You to Vikings1 for this post:

Closed Thread




Last Updated on December 18, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts