27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Market: Eurex EURO STOXX 50 Index Futures, $FESX_F
Trading Levels: 2430/2480/2510
ENTER TO WIN $500 IN STOCK OR CRYPTO
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Target: 2430
As per our Morning Meeting a gap down opening was expected for today, our target remains the 2440/2430 range.
A 1.2670$ breakout in the $EURUSD can drive the $FESX_F to check our target.
The plan is the same as the one we were trading yesterday the overnight move in the Euro has been used to update our entry and exit signals.
It's really important to understand that you do not need to chase the market, and if the market is away from your levels you need to stay away and waiting for these levels to be tested otherwise you are trading outside of your plan and remember the old saying: A trade not planned is a trade planned to fail.
Originally posted at www.77sigmatrading.com
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.