Option Trading for employed persons
I tested an idea for an option strategy and made a backtest starting in 2011. The rules are pretty simple and you can easily handle it even if you are employed. You just have to take a look into your account once a day while you are in a position.
It works on weekly bases and entries are on one specific day in a week. It consists of:
- A specific entry with a defined signal and filter
- Take profit
- Stop loss and defined adjustments
- Works with small accounts
- Costs you not more than 30 minutes per week of you time