March 1, 2011 4:51 PM | 1 min read |
Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.
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.
Crude oil futures rallied today (3/01) approaching the recent highs it put in last week.This move higher gives me a fresh buy signal for April crude oil on the daily chart. Crude also gave me a buy signal last week on the weekly chart and the trend is up on the monthly chart.As fighting continued in Libya today political unrest is seemingly spreading to top OPEC (Organization of the Petroleum Exporting Countries) producers Iran and Saudi Arabia. Further turmoil in the Middle East may support a possible surge in crude prices. Call me for details and trade set-ups at (312) 277-0112To review what I consider a "buy signal" watch Larry Baer's Traditional Trending Strategy Video: http://www.youtube.com/watch?v=iro7sFQRG5kWhile my blog is down I'd suggest subscribing to Larry Baer's Charts and Set-ups Newsletter: http://www.zaner.com/3.0/lbaer2.aspSEE CHARTYou can reach me for trade set-ups at (312) 277-0112or toll free at 888-281-4161or email: LBAER@zaner.comOpen an account with Larry Baer at Zaner Group: http://www.zaner.com/3.0/account/account.asp?rid=LBAER
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.
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.
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