1. Most Discussed
  2. Gainers & Losers

OPTIONS - Advice Please

  1. Jrad

    56 Posts.

    I have developed an leading Indicator that appears to give good results when applied to Indexes.
    Signals received indicate that the Index will rise or fall on the following day.

    On my data, which starts from mid August 01, the followings results are achieved.
    XJO Index 13 buy signals, with a win:loss ratio of 2:1
    XJP Index 16 buy signals, with a win:loss ratio of 2:1

    I am advised that these are the only tradeable ASX Indexes.
    It appears I have an indicator suited to a short term trading plan.

    My problem at this stage is that I only currently trade FPO’s as I am attempting to gain experience in the market. I think need to undergo some serious education in Option/Futures.

    My questions then.
    1. Are these signals worthwhile and able to be traded? If yes, a brief description would be helpful in regard to question 2.

    2. What path should my education take? Recommended books and courses?

    Any advice to help me on my way would be much appreciated.

    Regards Gerard

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.