More Profit! (that is the hope, anyway..) but also, it's to save me time in getting my trades going.
Now, I've tried my share of 'software' and indicators and even full-blown totally auto trading programs in the past, and they were all just a waste of time, money, and usually both! :(
So, the only reason I decided to give this one a try is that it is already being used and proven to be good, by one of my fellow trader's who I follow and respect (and trust they are honest). The worst that can happen is I waste a bit of time and maybe a few bucks (cost is $25/month with 30 days free trial), and then I just go back to trading how I know works for me. :) The best thing is maybe I improve my results while also taking some workload off my plate. Trading is NO magic, get rich overnight affair, but it just so happens this software is called..
😁😣😏🤪 (the guy who made it has a sense of humor)
Also he is just a coder, who is now learning options trading via the trading group who I agree is very legit and who that trader I mentioned earlier is one of the leaders.
He thought the same thing I did when I first started learning how to trade options.. that the real good traders well often consult many different things when making their trade choices. I am lazy and cut this down to about 3 things I look at, so his software does hundreds of math and other calculations to produce some actionable potential trades..
that's quite a list of things it monitors and uses. then it's up to a trader if they will actually manually trade using that info or not.
So it's all just automating a process that many veteran traders already do. The real reason it works or not, is in the consistent implementation of the data it offeres, plus the balls to trade real money, and also the MM (money management) is the real key to trading success or failure.
Here's my results for the month of October/2023..
- M 10-9035boring and smooth and fast; started 7:33
- F 10/13225closed 30 minutes before PH.. adjusted target
- M 10/16115
- T 10/17035shark traded 10 minutes before PH
- M 10/231-60no trend.. Should’ve passed.
- T 10/24120try for 2%.
- Th 10/260402% x 2 ct’s
- M 10/30040rode bull trend
- F 11/30-60angry bear stopped me out
total won: $85 (on my $1k accnt)
so to compare apples to apples, here's the magic 8's results over that same time..
$810, but that was using 3 contracts per trade. I would just use 1.. so thats still a great result of $270 (per contract traded)
So I stand to lose maybe some precious time, and/or money.. or maybe I win substantially more profit than I am currently. (plus I shave some minutes off of my pre-trade setup/analysis time.)
I hope this new program works for you, good luck!
😊😉🙏🤙
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