How To Write Covered Calls - An Ongoing Real Case Study! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herm who wrote (6469)	1/17/1998 1:20:00 AM
From: Douglas Webb	Read Replies (2) of 14162

I've added an improved trading history tracking routine to my charts page, and plugged in a very basic trading method. Here's the description: Basic Trading Method This method assumes that you make all your trades at the opening price the day after a new bar is formed. Trading begins after the first color change on the chart. (After the first trend reversal signal.) You maintain two accounts; one for selling short, and one for buying long. When a white bar is formed, you cover your shorts at the opening, and you buy 1000 shares long. When a black bar is formed, you sell your long shares at the opening, and you sell 1000 shares short. That's the entire method. It requires checking the chart each night, and placing market orders if a new bar is formed. webbindustries.com Doug.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next