I have been trading options for over 10 years.
Options Trading – Long Straddle Volaility for Explosive Gain
Straddle is a unique strategy and if apply correctly it can be very profitable
I discuss a options strategy that is call Long Straddle. It is 1 of the strategy that is Non Directional and it profit as long as the market make a big move. The bigger the move the more profitable the trade is.
To determine if the market is going to make a big move, I use Narrow Range 4 + Inside Bar, Narrow Range 7 and Average True Range. With the combination of the 3 indicator and a little patience, a big move is expected to be underway.
You will learn how to program the indicator into the Thinkorswim Platform
How to Scan the market for Setup
When is the ideal Scenario to enter the trade
And most important when to get out and exit even if it mean a loss.
No Adjustment is needed for this strategy
Learn to backtest the strategy and build up your confidence when you know the strategy work wonder
You will learn about Monthly Straddle and Weekly Straddle (for the adventurers trader)
Learn how to build your own watchlist and what is the important criteria for selecting the market to trade
Watch over my shoulder
Nothing is hidden. Everything and every formula is disclose in this course