Wednesday, April 30, 2014

Starting again

After a year long break of subscriptions and following other traders, I am back with a modified strategy for selling premium. The newer strategy is to use bollinger bands to identify oversold conditions and to sell premium at those times. I will mainly be trading SPX, NDX, and RUT indexes. Also I will be concentration on managing the winning trades rather than managing my loosing trades. I will look to take profits at 50% of the credit rather than holding the credit spread until expiration.