Allen Sama – Blank Check Trading System And Training
$45.00
12. If more than 2% move in opposite direction, exit. Then reenter Puts on down day (moving in and out to take profits)
Allen Sama – Blank Check Trading System And Training
Check it out: Allen Sama – Blank Check Trading System And Training
“How To Finally Be a Profitable Trader By Winning on 90% of your trades in just 20 minutes a day by trading in the “underground” market that is easier to trade than stocks, bonds, forex,or just about anything else you have traded before.”
Blank Check Trade Rules
Below are the rules I have created/discovered. As the months went on, I added and tweaked until I found a good combination that works for me.
Depending on your temperament you can tweak some of these to make your trading more or less exciting.
1. Mainly Puts. Calls only when puts in trouble
2. Only nakeds
3. Front month options. Try not to overlap. 35 DTE
4. Use up to 1/2 of account. 1/3 when getting in. always have 1/3 in reserve
5. Enter at about 10 delta
6. Look at support resistance before entering trade
7. Never sell for less than .20 credit
8. Enter puts on down day, enter calls on up day
9. Exit when at .10 debit or below with more than 2 weeks left
10. Exit before final week- margin gets too high
11. Don’t take risks after hitting monthly goal
12. If more than 2% move in opposite direction, exit. Then reenter Puts on down day (moving in and out to take profits)
13. Adjust at .20 delta
14. To adjust exit all and sell so new credit equals debit
15. Don’t lose more than 3x your goal in a month
