Are There Alerts Set on the Option Entry and Exit?
There are no alerts set in the options entry and exit but we have 3 key rules for entering a trade. and they are;
1. We need to see are the TSL indicators at the bottom of the 3 charts in the Buying Zone or Sell Zone
2. We need to see one of our reliable patterns = like the "h" pattern.
3. We need to see a Red or Green Turn Bar Dot that confirms the trade.
Here are the 4 ways to exit a trade;
1. Predetermined profit target= $400 daily goal for the first 4 weeks, then double the number of contracts to 20, so you can double the daily target to $800 per day.
2. Average price move of the stock/EFT
3. The 5 minute TSL1 (white line) cycles from one extreme to the other:
- Sell Zone to Buy Zone,
- Buy Zone to Sell Zone
3. Limit the trade to 45 minutes if it continues sideways