Friday, August 09, 2013

KPI (trader’s own Key Performance Index)

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New instrument to trade intraday especially on Friday

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Use near term weekly options.  Aug 16 171 put, Delta = 0.7~0.8.  10 minutes rolled in $170, capital $3400.  5% yield.

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DayTraderJosh.com MoneyShow

http://www.DayTraderJosh.com

All Indicators are lagging.  Don’t use them.  The system doesn’t apply to futures or options.

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