Weekly Option Trader - Trading Journals | futures io social day trading
futures io futures trading


Weekly Option Trader
Updated: Views / Replies:32,542 / 271
Created: by Vikings1 Attachments:544

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Closed Thread
 544  
 
Thread Tools Search this Thread
 

Weekly Option Trader

  #231 (permalink)
Membership Temporarily Revoked
Columbus, OH
 
Futures Experience: Advanced
Platform: TOS
Favorite Futures: options
 
theoptionguru's Avatar
 
Posts: 11 since Sep 2012
Thanks: 10 given, 16 received


AttitudeTrader View Post
@Vikings1

You showed people just another of the myriad ways that trading can be approached. I'm not using the things you specifically taught/showed, but I can tell you that you opened my eyes to a variety of things and ways of thinking that has been an important part of my growth as a trader.

What you shared, regardless of what you may have seen in actual responses and the following of your method, is priceless, and has benefited me as I'm sure it has others.

Thank you for sharing here.

-AT

This is a great response to Viking. Viking's detail has provided me with the encouragement to move forward with my plan. I started 11/1 live and have been making pretty steady money since then, all trading just AAPL on 1 and 3 min charts. It's freakin' awesome!

Of course, strong impulse trends certainly help, but even when the prices are choppy there's a little money to be had if you stick to your rules.

Risk is relatively low using the proper money management and loses are minimized while profits can be maximized. Wow! Better the futures, as far as I'm concerned.

More detail to follow when I get more data.

The following 6 users say Thank You to theoptionguru for this post:
 
  #232 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Back by popular demand, LOL...

Here is what everything looks like of my charts these days and how it all works on this short clip...(newbie to video stuff, hope to be posting these shortly on Youtube)

11.27.2012-10.39.49 - Vikings1's library

I have been able to code in entry prices into my set-ups (again not a real coder, so a real accomplishment for me), (now it won't always post if the next signal bar is not triggered, so it is not perfect, but it is not to bad either)....

PS: I'll start posting some daily pics as well for swing traders....

Example of Stock Picks for 11-27-2012 (picks I will post the prior night before open in the future)

I have been able to code my codes into a daily,weekly, monthly scan in StockFetcher which in turns sends me an e-mail of fresh crosses every night. (Buys on the "Up Code Picks" would be any break of the previous day high and vice versa.)

I have inserted a few charts of the daily swing trades, stop will be whatever is posted in upper left hand corner of my chart.

Take care and have fun!

Vikings1

Up Code
Symbol
DUK
BA
ED
FDX
EQR
ROK
ETR
SPG
JBHT
CHRW

Down Code
Symbol
JWN
ILMN

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 6 users say Thank You to Vikings1 for this post:
 
  #233 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Some picks for tomorrow...


Up Code
No matches

Down Code
Symbol Short Stop Shares


NOV 69.89 73.42 56
HCN 58.78 60.73 102
KMB 85.51 87.34 109
VAR 68.74 71.39 75

Number of shares is based off a maximum loss of $ 200. Personally I rather play the Dec. Put options instead of shorting the stocks outright. You pick your profit level.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



How the market looks on my charts (could go either at this moment, Es breaks 1387.75 and it could see 1373.50, IMO)

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Oil obviously has had issues at that major FIB ($90.18). Right now it is in a range of ($ 89.80 & $ 86.37). It would need to break $ 88.53 to show me any signs of real upward movement and then $ 89.80 and $ 90.18. If it breaks $ 86.37 then $ 84.05 comes back into play.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following user says Thank You to Vikings1 for this post:
 
  #234 (permalink)
Elite Member
Boulder, Colorado. USA
 
Futures Experience: Beginner
Platform: TOS
Favorite Futures: ES
 
Posts: 4 since Nov 2012
Thanks: 11 given, 6 received

Vik,
What a great informative thread. I really appreciate your dedication to posting and teaching us your methods. Much appreciated! Thanks.

The following user says Thank You to MoparCar for this post:
 
  #235 (permalink)
Elite Member
Kampala, Uganda
 
Futures Experience: Intermediate
Platform: TOS
Broker/Data: TOS
Favorite Futures: SPX
 
Boomer34's Avatar
 
Posts: 164 since Mar 2011
Thanks: 74 given, 55 received

Inspiring thread Vikings1!


Thank you for your dedication and commitment...it is appreciated much more than has been expressed!

The following user says Thank You to Boomer34 for this post:
 
  #236 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Who comes to the rescue today??

Who comes to the market's rescue today; The Fed, the Congress, CNBC,??

Market still looking weak, 30 year rising, oil breaking down...

Wish you all well today in your trading...

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #237 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Perfect bounce of a stop...

Sweet Bounce off my daily stop on OIL @ $ 85.40 and why I put my actual stop 1 tick below the posted stop.

Let's see where the $ 85.75 short goes.. (so far so good)

Take care.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #238 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Oops....here is the chart I forgot to add

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #239 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

All daily stops tested, but not broken, so far....

1 hour ATR based range charts look nice here...now where is market going?

All daily stops tested, but so far not broken...back-up from here? Time will tell..

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

 
  #240 (permalink)
Elite Member
Minneapolis, MN, USA
 
Futures Experience: Master
Platform: ninjatrader, TOS
Favorite Futures: Weekly Options
 
Vikings1's Avatar
 
Posts: 188 since Oct 2011
Thanks: 26 given, 407 received

Speed is not always that important


Here are two sets of charts, my daily and my range charts based of a 15 Min ATR. As you can see, you don't need to be in a hurry to trade.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Close up on CL and ES charts using my 15 Min ATR based range..(sweet double bottom on oil)

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Later....

Attached Thumbnails
Weekly Option Trader-15atrchart1.jpg  
The following 2 users say Thank You to Vikings1 for this post:

Closed Thread



futures io > > > Weekly Option Trader

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
New Option Strategy kkjalan Options on Futures 21 March 10th, 2012 02:36 PM
Option Strategy Question jonoelgrande Options on Futures 7 February 17th, 2012 12:31 AM
Option on NT 6.5 jz166 NinjaTrader 2 April 8th, 2010 03:14 AM


All times are GMT -4. The time now is 08:31 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-15 in 0.16 seconds with 20 queries on phoenix via your IP 54.234.247.118