Afternoon breakout trades are a regular daily trade setup we look to take in SPX and other major stocks. Today we had a breakout from the lunch time channel at 2705. We proceeded to fall 10-12 points with roughly $500 – $700 per option put delta 50 – 70...
Today we discuss when a negative reward risk ratio is okay. Specifically, we talk about the MQ Hedge Fund Breakout indicator on NFLX 5 min price charts using the recommended settings. This system has a very low reward risk ratio, but an extremely high win rate, which...
