/biz/ - Business & Finance

>>19052940

Regarding win/loss ratio of contracts it'd be around 70% / 30% since my trades are based off statistical probability and a large population of trades. I never stray from a 65-80% Prob.ITM/ Delta value on the contracts traded, and thanks to IV overstatement and the advantages of being an options seller rather than a buyer, the win rate can be as high as 80% (regarding a somewhat large time frame ie a couple months.)

Alert services are honestly horrible in my opinion, either find a methodology that works for you, or don't trade at all. If you're relying on someone else, your success is tailored to their success. It's definitely probable there are alert services that could disprove me, it's just something I don't feel comfortable with, nor should you. Keep the $200, and increase your position sizes with a plan that works. Please paper trade with a strategy you have created yourself, or based off of a already successful strategy. (Like I did). It's far more rewarding, figuratively, and monetarily.

I'll make these threads as often as I can, and all the information / tips I have or will give are free. You can also trade options with a full time job, that's what complex orders are for, again you just need a strategy you can write down on paper that requires no emotional input or thought. Thought is applicable to management of trades, not creating them.