According to this link you posted, the $10 put strike is paying $40. I'm I looking at this wrong, or did price change that much in a day? url Also, what is max. risk on one of these types of trades?

What broker are you using and how much are commissions?

I assume that you meant that you "wrote" or "sold" a put option, not shorted one. I never heard of terminology of shorting a put or call option. Wow, $150 for silver put that is over $20 OTM by Nov - I'm going to check this out.

FYI, the author says in the book that he believes not having enough education and being undercapitalized are the biggest reasons most traders fail. It was my opinion that I mentioned in the 1st post that having the wrong broker is the number one ...

I don't have any ebook link. You can get it used for 1/2 the cover price at Amazon, which is where I purchased mine.

He doesn't give specific recommendations on brokers, but has a chapter on researching on how to find one, including: Look at financials - go to CFTC web-site to research brokers net capital. Also, check type of registration they have, Look at ...

No, it's not an excuse. Even a good trader has no chance of being profitable with a shady broker. You have better odds rolling the dice in a casino. Do you think any trader has a chance to make it if their broker utilizes a metatrader dealer ...

The attached indicator is similar to the description in your post, but doesn't have the inputs you mentioned. However, should be able to adjust existing inputs to suit your needs.

It's the same as with any system - the lower the time frame, the more whipsaws there will be.

Apparently, Justin is selectively answering questions - still no response to my post almost a week ago. Thinking maybe he overlooked it, I sent him a PM yesterday and still no response.

So, then, I assume that if have an open trade during that time with a stop loss and a spike blows through it, the stop will not trigger-? Also, if I have an EA running during the rollover, will the EA automatically restart or do I have to do it ...

Additionally, if you enter long only when the market is trending up, and enter short only when the market is trending down, and only enter trades during trading hours for the pair you're trading, you will have more profitable trades.

Spike — Justin, On my MB platform, there was a huge spike on g/u chart on 9/12 - what was reason for it?

I know you didn't ask for advice here, but I suggest try trading it on a higher tf and see how it performs, but if you're trading live, stop doing so regardless and do on demo until you're profitable. If higher tf doesn't do the trick, either will ...

Here is v4...

To clarify on the previous post I accidentally deleted... Again, if he can hedge...he would have to go short minimum of 2x lot size of long depending on how much more risk he's willing to take on. Even you previously wrote g/u heading down...so it's ...