Prime Trade Select
By: Chuck Hughes
In this video the Hughes Optioneering Team will explore a trend following system that uses daily price data to generate buy and sell signals for stocks/ETFs and options. A stock's price movement reflects all of the known information about a company so we let a stock's price movement determine when we should buy and sell.
A trend following system allows us to 'trade with the trend' instead of trying to predict the future price direction of a stock. Using a system to select trades helps us avoid emotional decision making which can quickly derail a trading program and instead gives us the discipline needed to be successful option traders.
If our trend following system can identify a stock moving up in price, we can profit from purchasing call options. This allows us to profit from the tremendous leverage that options provide. Learn how the three step trade selection process allows us to identify stocks and options with the best profit potential and profit in any type of market condition.
Actual option trades will be used to demonstrate the ability of the three step trade selection process to select profitable option trades.
Our trend following system is used to take both bullish and bearish trades. When the system is on a 'buy' signal we buy stocks/ETFs and call options and when the system is on a 'sell' signal we buy put options. This allows us to profit in both bull and bear markets.
The trend following system is easy to download from the internet and gives us an 'instant picture' as to whether we should be taking long or short positions.
Prime Trade Select allows us to identify stocks and options with good profit potential and low risk. Our brokerage account statements show that we currently have $471,316.31 in actual open trade profits using Prime Trade Select.
Futures, stocks, bonds, currency and options trading involves high risks with the potential for substantial losses.
PLEASE READ. Past results are not necessarily indicative to future results. There is a substantial risk of loss trading stocks and options with or without this or any other advertised product, service or system. Also, hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.