First year with an elk tag. Second year being a hunter. I must have gotten super lucky or something while out scouting yesterday and today. Found a herd in a meadow and a ton of sign on well traveled trails yesterday and put some cams up. This weekend is the last for archery and TONS of dudes...
I’m day trading on price volatility and using rsi as simply an alert to look for an entry or exit point. Buying calls when rsi is low and MA crosses EMA and/or an entry candlestick pattern shows a likely movement, and vice versa puts when rsi is high and same conditions show a correction coming.
First day using the new RSI notifier script I wrote. Bought 2 Friday contracts on RSI below 30, averaged down once for two more, rode a big wave up and sold on a short red candle with a long up wick ("shooting star" pattern I think it's called) well before RSI hit 70. Fought the FOMO and took...
I started trading options on Robinhood with a $500 account back in July. Using the RSI strategy on GOLD options only. Only every leverage 30% or so of my account with each trade, trading only a couple of days a week, buying in the money calls or puts depending on if the RSI is low or high, and...
PSA: If you have an options trading strategy that's working for you don't take an "expert's" advice on a new one.
(unless of course you have an appetite for losing 40% on a trade rather than your consistent +12% performance to date)
🥵:eek::poop: