Options Kaboom
Welcome to Module 2
In this Module we will cover: 1. Your setups 2. Your triggers 3. Other cool stuff!
This system is its own indicator. Be sure to look at it as a whole before zooming into its individual parts.
Both are important, but the 30 ft. view is your first filter!
Additionally there are 3 real solid setups (6 in total for long and short) and then some “Join the trend” less reliable but doable trigger entries.
Sometimes a trigger is good simply because the risk is so small and the odds are at least 50/50. Believe it or not that’s a good trade.
AND the 3 solid setups have slight variations depending on how they form, but all of them are bouncing or breaking out!
So lets take a look at a handful of stocks, signals and triggers and run through what it is you’re looking for.
Every trigger must include a break of support or resistance, or a bounce. Plus expanding Bollinger Bands in the confirmed direction.
OR a Bollinger Band extreme bounce OR ridiculous low risk. Ridiculous low risk means you are able to enter AT the point of ridiculousness and not later. (That’s why its low risk)
Now there are some variations but you now have the basic setups, you must begin to paper trade them to experience the power!
Look for a follow up this week in Mod. 2 on stop losses and moving stops!
See you in the next Module!
In this Module we will cover: 1. Your setups 2. Your triggers 3. Other cool stuff!
This system is its own indicator. Be sure to look at it as a whole before zooming into its individual parts.
Both are important, but the 30 ft. view is your first filter!
Additionally there are 3 real solid setups (6 in total for long and short) and then some “Join the trend” less reliable but doable trigger entries.
Sometimes a trigger is good simply because the risk is so small and the odds are at least 50/50. Believe it or not that’s a good trade.
AND the 3 solid setups have slight variations depending on how they form, but all of them are bouncing or breaking out!
So lets take a look at a handful of stocks, signals and triggers and run through what it is you’re looking for.
Every trigger must include a break of support or resistance, or a bounce. Plus expanding Bollinger Bands in the confirmed direction.
OR a Bollinger Band extreme bounce OR ridiculous low risk. Ridiculous low risk means you are able to enter AT the point of ridiculousness and not later. (That’s why its low risk)
Now there are some variations but you now have the basic setups, you must begin to paper trade them to experience the power!
Look for a follow up this week in Mod. 2 on stop losses and moving stops!
See you in the next Module!
