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If it ends up being bearish tomorrow, the futures are down, ...

If it ends up being bearish tomorrow, the futures are down, but that doesn't mean that they're going to stay down. These are funds that you can enter; you don't have to buy options. That way, you're not locked in, and you can sell them in the postmarket if you'd like.
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  • Mark Padilla : what do you suggest for a put on $United States Oil Fund LP (USO.US)$ ? is it worth it

  • 70100479 Mark Padilla : missed it. 2.63 entry on a 2.58 sl. target 2.73. assess risk. 10$ risk equals 200 shares @ .10 gain for 20bucks profit. on that trade every 200 shares makes 20 bucks.

  • Mark Padilla : I missed... damn 😭 I'm still learning how to do puts and such

  • 70100479 Mark Padilla : start with a simple system that works with your style. dont stray from your system. if you make pizza make pizza do t take orders for tacos. I doesn't matter what you trade. to have real success you must focus on your risk factors as u posted before. idk if I ha e 2k or 15k in my account I fallow the same steps. dont forget the 84% rule

  • 70100479 : I literally make like 5 trades a week or so atm. my strategy keeps me at 20% net per trade. all of it is fallow the system that works for me.

  • Mark Padilla 70100479 : I'm working on finding that system. I haven't placed any active options just speculative puts atm I'm keeping notes and following charts to see if my projections are on point. I definitely appreciate the insight and you are 100% correct stick with what works best[undefined]

  • 70100479 : I'm looking to start a type of training program. not one of those look here you could have done this then but a real time education for free on how I developed my system why it's this way. how to find your own niche and be successful in this business. I dont gamble, i take calculated risk control for positive gains. maybe you can help me make this happen. with so many new people looking to trade and take control of their money. to teach is what I can do best. not what trades to take but how to build a disciplined system by you for you

  • 70100479 Trader-101 OP : people need understand risk management in form of dollars

  • Trader-101 OP 70100479 : yes I agree most people need to educate ourselves instead of following a trend or somebody else's ideas and that's where 99% of people go wrong they don't set their trade properly and they go without any knowledge of why they're going on that trade

  • 70100479 : I cant Express enough. money management. trust me. I've PAID for my mistakes.

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