Re: Playing since 2005 lost 13+3 lacks
I did. In fact bit better I think . buying both CE and PE in the money options.
but this attempt gone waste for past six months. Incase if i continued for September the same strategy I would have covered almost 1/3 of my total losses. but I start selling option on September and lost further money there. as OILMAN said I need to watch for trending of the market and use the proper strategy else stick to one strategy for ever.
Hei...one more thing that may work is buy both PE & CE at the same time! Once you turn to net profit close one and wait on the other! This will work only for options buying not for selling!
but this attempt gone waste for past six months. Incase if i continued for September the same strategy I would have covered almost 1/3 of my total losses. but I start selling option on September and lost further money there. as OILMAN said I need to watch for trending of the market and use the proper strategy else stick to one strategy for ever.