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Freddie,
I might add that Don does not feel the average person should do any other strategies than spreads, straddles, and buying/selling puts and calls. He said you cannot compete with the professionals with the other strategies financially so you are wasting your money.
Some of the more exotic strategies are costly through commision when you have 4 or 6 different legs and whatever else.
Debra
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--- Begin Message ---
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: Re: [Metastockusers] ODDS™ Probability Cones
From: Freddie Ng <n07476@xxxxxxxxxxxxxx>
Date: Tue, 08 Apr 2003 11:15:07 +0800
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Hi Debra,
Thanks, Don Fishback is indeed found in Metastock explorer and Expert
advisor, I must be blind. However, I was looking for the Don Fishback in
the drop down indicator, as I had seen in website, I saw Don Fishback
cone superimposed on the stock chart. I want to see it graphically. So I
need the formula that plots the cone for input to the indicator builder.
See attachment below.
I ran the exploration on Don Fishback on some stocks, I have report that
identify stocks with low volatility, quite interesting and I will
probably go for more exploration on other stocks and pick a stock option
to test it out.
I have heard about Optionetics, it seems that they are specialized in
options. They use AdvanceGet to do the option analysis, have you heard of
it. I also heard that if you have completed the course, they allow
unlimited repeat of the course without additional fees. Are you planning
to subscribe to Optionetics.
Best Regards
Freddie Ng
At 07:32 PM 4/7/2003 -0700, you wrote:
Hi Freddie,
Use the Don Fishback exploration and then read what he has within the
Scan. Maybe the formula is within the program.
The Probability Cones are not part of the ODDS scan for tradable Options,
on the surface. The principles are used but using Don Fishback's
Exploration and the Expert Advisor are the specific parts of MetaStock I
was speaking of. Also, Option Scope.
I am learning about Options too. I just don't feel Optionetics is
the only way to go.
Good Trading,
Debra Ann
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Date: Tue, 08 Apr 2003 00:10:57 +0800
Subject: [Metastockusers] ODDS™ Probability Cones
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Hi Debra,
I read about the ODDS" Probability Cones which is useful for option trade. Do you have the metastock formula ?
Best Regards
Freddie Ng
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