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> My "looks too good to be true" indicator light went on while
> browsing his website. How can he be profitable on 60-80% of his
> trades when he is buying out of the money calls and puts?
Probably because the track record he posts isn't actual TRADES.
It's "maximum open profit after signal." Apparently he doesn't
give hard exit signals (except sell stops on some positions), and
it's up to you to monitor the position and decide when to sell.
If you could sell at the peak price after entry like he assumes
in his track record, you'd make a fortune. Of course, if you
could do that, you probably wouldn't need his entry signals.
Gary
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