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The best part of the system is since the market is almost always going in a direction up or down. You make the money when it's going up and you either save money or make even more money when it goes down. It's always Win Win!
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The system works to save you from every stock crash and this one is NO different. You got the sell signal on January 14th with the cross of the 10 sma below the 50 sma. That means you either go to cash and avoid the drop or in some cases traders like to get aggressive and short.
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For options friends. I've used this system successfully for many years, my most important lesson is to use a straddle or strangle when you believe a system cross is about to occur but not 100% sure. However most times it's best to wait for cross confirmation. Thanks
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Sir, the system allowed me more confidence in my trading yesterday. FWIW I sold 60 covered calls throughout the day and bought back 59 with 1 left hanging for the weekend. Fairly easy pickings )