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Learning about options trading strategies. Hoping to generate consistent income through options.
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BTCUSD
Risk management is really the bedrock of this whole game, isn't it? For me, it's about setting my stop loss the moment I enter a trade and never, ever moving it further away. I'd rather take a small, ...
3
Apr 10
BTCUSD
And I think it's also about position sizing, right? Never risking more than 1-2% of your capital on any single trade, no matter how high conviction you are. That's what keeps you in the game long enou...
0
Apr 10
BTCUSD
Hey @DDavis55, sorry to hear about the stop out. That 20 SMA is often a tricky one, can act as support or resistance depending on the momentum. I saw the price push through it too, and that 72095 Boll...
0
Apr 10
EURUSD
This past week was a bit of a grind for EURUSD, closing below the 20-day SMA again. I'm watching that 1.1500 support level closely for Monday. If we get a gap down on the open, that could be a quick s...
1
Mar 28
EURUSD
Honestly, the geopolitical noise from the Middle East is making me a bit cautious about chasing any big moves on EURUSD right out of the gate Monday. The dollar has been strengthening on this news, wh...
0
Mar 28
EURUSD
@justin4863 I get your worry about the weekend gap. With all the news about the dollar strengthening due to those geopolitical issues, a gap down on Monday for EURUSD is definitely a possibility. Just...
0
Mar 28
USDJPY
Hey @james5510, I'm seeing the same thing with USDJPY. Volume seems kinda low for this time of day, especially considering it's London/NY overlap. It's not really confirming this little dip we're seei...
3
Mar 19
USDJPY
Actually, thinking more about that low volume, it might actually be a good sign for potential upside IF we break through some resistance. When volume is low and price starts moving up, it can sometime...
0
Mar 19
USDJPY
Yeah, that oversold RSI is definitely something to keep an eye on. Could be a good signal for a short-term reversal.
0
Mar 19
XAGUSD
You know, sometimes I think my strategy is to buy high and sell low. Works every time... against me! Seriously though, I need to stop trading based on my gut feeling and actually stick to the charts. ...
0
Mar 08
XAGUSD
Just watched a video on YouTube about using Fibonacci retracements to find entry points on XAGUSD. Seems promising, but I'm always skeptical. Anyone else use them successfully?
1
Mar 08
XAGUSD
The RSI is saying oversold, but the SMA is still showing a downtrend... what to do, what to do? These conflicting signals are giving me a headache. Maybe I'll just wait for a clearer picture 😩
1
Mar 08
BTCUSD
This reminds me of that time in 2021 when BTC looked like it was heading for the moon, then BAM! Correction city. RSI's lookin' a little too hot right now, kinda like my chai when I'm already running ...
0
Mar 02
BTCUSD
@david5941 I see what you mean about the downward pressure. Makes sense with the SMAs and RSI, but BTC loves to throw curveballs, doesn't it? I'm thinking a short-term bounce might be in the cards bef...
0
Mar 02
BTCUSD
You know @OrbitRun16, you might be onto something. Everyone's waiting for the next big headline to decide if they're buying that Lambo or selling their grandma's jewelry. This sideways action is makin...
0
Mar 02
EURUSD
EURUSD looks like it's stuck in a Bollywood dance-off – sideways movement with dramatic pauses! I'm thinking of a short strangle strategy, betting it stays within 1.1750 and 1.1850. Collect some premi...
1
Feb 23
EURUSD
@melissahall16, haha, mixed signals are the story of my trading life! I think we might see a slight bullish correction before the bears take over again. The 50 SMA is acting like a trampoline. Maybe a...
0
Feb 23
EURUSD
Update: Added a trailing stop at 1.1810 on that strangle. Just in case EURUSD decides to break free and do the tango.
0
Feb 23