playing bid-bid

many of my successful seasoned trader friends
just play bid-bid!

they trade mostly in options

(and there is a reason behind this
which i will share below...)

but first, let's see their "modus operandi"

it is simple but effective!

over a period of time
they have developed
reasonably good understanding of
their favourite technical indicators
as well as
the "behaviour" and "body-language" of the market.

on the basis of this knowledge
they anticipate a move
and place a "mouthwatering bid"!

if it gets triggered
they are "in the trade"
at "better than justified" rate!

thus,
they are in profit
even before the start of the anticipated move.

if the move doesn't happen
they can always come out rate to rate
because of their advantaged entry.

and if the move comes
(which generally does come
courtesy their experience and cunning operator mindset)
they don't book profit in a plain vanilla way...

on the contrary
they book profit based on two criteria!

first, they wait for technical indicators' exhaustion signal.
then they put a "mouth-watering bid"
one more time!

often,
as i have seen
and myself experienced,
this bid too gets its "victim"!

rather
the fact that they place such a bid
9even before the actual point
when indicators say "square off"
enables them to place those)
"predator bids"
before the actual avalanche!

this is important
because nobody can anticipate
the exact timing of the avalanche!

in the stampede which happens
the desperate retail traders
accept whatever bid is available!!!

this way
my friends "squeeze" the extraordinary juice
from an ordinary move!

and now
the answer to the question that
why they play this "trick"
in options
and not in futures!

simple,
they know
that ordinary traders
play options without proper training and understanding
of how to calculate
correct and reasonable cost of the option!

trading is an artificially accelerated game
which suites the predators!

i started learning trading
some years ago
expecting it to be
a science!
it has turned out to be
to much of my amusement
a game
not much different from
a casino
where you don't have to beat the market
......just fellow players!