This is work in progress, opinions, critics, suggestions are all welcome.
Strategy uses bull spreads.
1. open outer spreads.
2. make limit orders, that way the risk is 1$ per spread.
3. open middle spread.
4. place order with price between outer spreads. 2 orders, both buy and sell.
Total risk with this strategy is within bid/ask spread.
Even lover probability:
Strategy requires the market to move on either side a lot to trigger it.
Once triggered, the strategy should make money on both sides.
1.jpg 131.8KB 7 downloads
The tear-off ticket shows middle spread.
The working orders show outer spreads.
I haven't tested this, it is still only an idea, all feedback is welcome.