Friday's CRUS Trade
Here is an example of how the CRUS Sell Signal from Friday should have been implemented:
Order #1: Buy to Open Sep $35 Put @ $1.45 (or, "Market Order").
When the above order is filled (should take 30 seconds or less, depending on your online broker):
This trading system is based upon trading in the direction of the primary price trend in a basket of stocks, indexes and ETF's. We identify primary trends then lay in wait for an inevitable counter-trend. When price breaks out of that counter-trend and back in the direction of the primary trend, we enter an option trade in the direction of the primary trend.
Upon entering the trade a "Limit Sell" order is placed to close out the trade at a designated profit level, no less than 50%, and as high as 150-200% as per each individual option traders risk tolerance. New traders should set their profit targets between 50-100% until they get a good feel of the system. This profit window provides an ideal balance between percentage of winning trades versus the size of winning trades.
Because trading signals can only be confirmed at market close, all new trades are sent out and should be entered near the open of the next day. All updates and alerts will be both emailed and posted on the Blue Line Subscriber Page. Please note, you will need a login to the website in order to view the trade alerts. If you have not done so already, here is the link to create your login.
Weekend Updates will announce any new trades for Monday and will usually include market commentary on a wide variety of issues, including big picture analysis as well as an occasional special situation trade opportunity that falls outside the parameters of the trading system.
Once you have signed up for our trading subscription service, you will receive a welcome email with brief instructions for making sure you have access to the website, billing portal, and trade alerts via automated email. A separate email invite will be sent from Chargify to manage your subscription/billing through the BILLING PORTAL. Please be sure to take the time to set up your login for all systems!
RISKS ASSOCIATED WITH OPTIONS TRADING
Please be aware of your broker’s requirements for trading options. Before you decide to invest in the options market you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a substantial loss which could total more than your initial investment in a short period of time. Options involve substantial risk and are not suitable for all investors. Options investors may lose the entire amount of their investment in a relatively short period of time. Therefore you should not invest money that you cannot afford to lose. If you have any questions or concerns regarding the risks associated with option trading, you should confer with a trusted and reliable independent financial advisor.
None of the information provided by Blue Line Trading System or AllanTrends, LLC constitutes a solicitation to trade any investment or security of any kind.