So far all executed trades have been profitable but trade 6 has been most profitable, with approximate profits on each option (70% of emini futures) being $700 minimum or $2100 on 3 lots (based on over direct 250 point fall in futures of which only 200 futures point taken as profit x $5 x 70%) (data.com from www.forexpros.com)
indication to buy call option was given as market was predicted to bounce back in afternoon. (due to poor connectivity trade 7 could not be posted).This prediction was posted when gloomy data on US economy was not posted online showing the power of Tarot cards
BTST experimental trades: trade 2,3 profitable while trade 1 was vague not having being clearly specified
Both yesterdays trades and BTST trades show why it is better to trade near money options as opposed to futures and why stop loss should be rarely used.Ofcourse with different trading strategies a different approach would be required
full table on profits,remarks for each trade would be posted end of the week
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