| |
| OEX
Free Trial |
| Not satisfied with results? Let us show you our
actual trades in real time. Place your trade next
to ours. |
| Recent
Trading Results and Discussions |
| Looking for day trading ideas that actually work?
Did you know that most day traders never look to
the market's breadth to visualize where the flow
of money is heading? |
|
| Options Day Trading |
| Monday, March 31, 2008
|
Tuesday, March 25, 2008
Closing Bell
OEX Option Results: +$600 +7%
eMini Futures Results:Russell ER2 +$240
Patience pays dividends!What do I mean by that? Well, as you've probably noticed, over the past couple of weeks, we've not traded the OEX options as often as we normally do. Of course, this is due to my cautious approach to the current market environment. There are a lot of people out there losing their tails trying to migrate through these uncertain times. We can and will remain profitable through any and all market conditions because we have proven trading techniques. We adapt to conditions and are quick to recognize change. It's really not that difficult if you know what to look for. I'm always happy to hear your success stories and today I was flooded with instant messages.The OEX did not reach the overbought reading of 70 on the RSI indicator that I mentioned the past couple of days. That was a surprise. This tells me that the bulls have plenty of ammunition to take this thing higher. Therefore, keep that in mind as we go forward. It seems as though we're due for another round of negative news items. When will the next one be???Have a great evening and see you tomorrow morning.
On this day our members profited with Call Options
 Tuesday, March 11, 2008 Closing Bell
OEX Option Results: +$3,230 +30%
That was a fantastic trade. They threw a huge gap at us and we made the most of it. We had a rough set of trades last week but we've come back swinging and are on top. Patience pays off.
Earlier I received a message from a new subscriber who already booked profits and went about his day. He stated that the things he's learned here are:1. No over trading2. Discipline (letting the trade develop)
I know it's working because I hear from more and more newer subscribers all the time who mention that they do things so different now that they're a part of OEXSTREET.COM that they did differently before. They traded 5 times as often and were always at a net loss and couldn't figure out why. Experience pays off and I'm glad to share mine.Once again, congrats!
On this day our members profited with Call Options
|
| posted by OEX
: 9:46 PM |
|
| eMini Futures and Options Trading |
| Friday, February 29, 2008
|
Monday, February 25, 2008
Closing Bell
OEX Option Results: +$1,000 +13%
I had an interesting question today. It was interesting to me because I feel redundant most of the time repeating the same things over and over. Obviously I believe in what I say but I guess sometimes I feel it may be received as "we get it already" !!But apparently it doesn't always sink in so repetitive observation and attention grabbing will continue :-)Anyhow, the question was regarding my statements early on about pulling back to the 50% retracement level. Specifically, they wanted to know why my bearish position had changed to become positive. I responded with a comprehensive question (as I always do) asking what it was that made them believe my position had changed.Their response was us entering into a Call option position.My response was simple: I made preparations for all of us to enter into Call options should the market decide to become bullish. It wasn't a prediction that the market was going to spike higher. Don't let anyone fool you into believing they were able to predict that surge. Sure, it would probably help me from a businessperspective to say I magically predicted that move but I give my readers a little more credit than that. Besides, we don't have to make things up to be successful. We use proven patterns that work over and over and we simply apply risk management. It really is much simpler than people believe.But they're taught to believe it's a complex process so they fill their charts up with dozens of indicators and they try to spot things that don't exist and wonder why something that worked last month isn't working this month. I think you get the picture.It's about making preparations for what may occur rather than predicting what is going to occur. By doing so you are by far in a much better position of succeeding.Have a good evening and see you tomorrow morning.
On this day our members profited with Call Options
Tuesday, February 12, 2008
Closing Bell
OEX Option Results: +$1,500 +33%
Most of you are aware that I approach trading in a much different manner than most. But then again, I'm successful at what I do because I understand what it takes to identify low risk opportunities. I say this quite often and I'm going to say it again. Low-Risk opportunities do not occur EVERY day and they certainly don't occur 3 or 4 times every day. That's why we average 3 trades per week while the "others" are pumping out 3 per day.I'd love to day trade the OEX 3 times per day and win on every trade. I just haven't found anyone who can show me how to do it because it can't be done. I appreciate those of you who have adopted this approach. It goes against what others are trying to teach about day trading but they are interested in only one thing, and it includes 16 digits.Have a good evening and see you tomorrow morning.
On this day our members profited with Put Options
 Friday, February 8, 2008 Closing Bell
OEX Option Results: +$680 +15%
eMini Futures Results:Russell ER2 +$30
It was a great day of trading the OEX. We've now traded three OEX signals this month and we're 3-0. Even during periods of extreme uncertainty and volatility proven trading patterns work, if you know what to look for…Have a great weekend and see you Monday morning.
On this day our members profited with Put Options
 Wednesday, February 6, 2008 Closing Bell
OEX Option Results: +$510 +14%
We couldn't ask for an easier day to trade. I urge you to go back and read through today's transcript and print out the charts for future reference. I promise if you do this you will improve your performance which means you will put more $$ in your pocket.Have a good evening and see you tomorrow morning.
On this day our members profited with Call Options
 Are you starting to catch on?
The Dow Industrials opened at 12,257. I said prior to the open that a rally to 12,400 was not out of the question.
Well, we saw the rally to 12,400.Also, at the same time I noted that if we did see 12,400 that I'd expect to see a great deal of resistance.
Since then, we have seen a great deal of resistance as the Dow has fallen 100 points to 12,300.
I hope this observations are helping you. Notice, they are NEVER after the fact observations. I point these moves out long before they ever occur. But I remind you via illustration of what we discussed and show the outcome because I believe that is a great form of teaching/learning.Where do we go from here? Well, to lunch for starters :-) Stay tuned. |
| posted by OEX
: 9:37 PM |
|
|
|
