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Kevin M. O'Brien's  Instablog

Kevin M. O'Brien
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Options trader full-time, author, owner of www.kevinmobrien.com, a subscription-based service. Born in Chicago. Follow many stocks in the tech, financial, and agricultural sectors. Trade daily with a 5 Technical Indicator Strategy I developed. Also trade debit spreads, strangles, and also hold... More
My company:
Kevin M. O'Brien
My book:
Breakthrough: A Consistent Daily Options Trading Strategy For Volatile Stocks
  • The Daily Options Trading Strategy- Consulting/Meetings 70 comments
    Feb 6, 2012 6:36 PM
    One of the reasons I have not been writing too much lately is that I have been consulting/training with people who have contacted me in regards to seeing if I would be available to work with them for a full week on the strategy.

    Basically, here is how it works: for one full week (or more if requested), I will meet with you and go over every single aspect of the strategy that I know. In the beginning, I advise on trades that I see and why I like them. You will be making money even as the training is taking place. I will also go over situations to avoid in real-time with every stock used in the strategy. While the articles and book I wrote are extremely useful, there really is no substitute for a live approach that I can provide.

    My preference is to meet at a neutral place. Since I am in San Diego, CA, I will usually choose a hotel that is centrally located. I will travel under certain situations, but this will obviously cost me more and is less convenient.

    If anyone is interested, please contact me via e-mail for details. I am very reasonable in terms of cost and I guarantee you that you will come away from the weekly session as a top trader using this strategy.

    Thanks again.

    -Kevin

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Comments (70)
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  • Joeriii
    , contributor
    Comments (198) | Send Message
     
    good initiative! (?)
    Are There other ways you can teach me? ^^ since I live in Belgium it's kinda hard to follow your *lessons* in San Diego :D
    I think I'll need a few real time examples to become a pro like you are ^^
    6 Feb 2012, 07:38 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » My good friend is from Belgium and goes back about once a year. I'll let you know if I ever make it out there!
    6 Feb 2012, 07:44 PM Reply Like
  • GeorgieMah
    , contributor
    Comments (14) | Send Message
     
    Have you considered a web based/webinar type approach with a limited number of attendees?
    7 Feb 2012, 05:58 AM Reply Like
  • raoveruva
    , contributor
    Comments (14) | Send Message
     
    I guess many are interested to get educated from your guidance, like me who is at NJ. Can there be a web based discussions / training that would benefit all such people who are far away from San Diego
    7 Feb 2012, 07:06 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks. There are several problems with web-based discussion/groups and this strategy, specifically. First, the way I teach this strategy to each individual is based on profit goals, trading style, and overall daily investments. Everyone has their own specific goals in mind. Before I ever meet with anyone, I will talk to the person over the phone numerous times. I also want to be sure the person who is interested is serious about this and wants to become independent. A web based platform could never allow me to see, ask , or know many of the questions I have or the trader might have. I really make it as personable as possible.
    7 Feb 2012, 03:49 PM Reply Like
  • lostsailor
    , contributor
    Comments (4) | Send Message
     
    Kevin,

     

    You read my mind. I'm here in Socal and would like to train with you. What is your email address so I can reach out. I'll be out of the country until 2-22, but we can get together when I return
    7 Feb 2012, 12:56 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » I willl send you an e-mail
    7 Feb 2012, 01:37 PM Reply Like
  • jrob6519
    , contributor
    Comment (1) | Send Message
     
    kevin
    would you mind sending me an email for a couple questions?
    thanks,
    jr
    30 May 2012, 02:24 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Send me an e-mail (click on my name ) and let me know what questions you have. Thanks.
    30 May 2012, 02:33 PM Reply Like
  • demc2537
    , contributor
    Comments (7) | Send Message
     
    Have you ever thought about a live trading room? You could charge a fee to see you trade live and have a webchat running to discuss the strategy as you trade.
    7 Feb 2012, 02:23 PM Reply Like
  • seanpeter
    , contributor
    Comments (2) | Send Message
     
    Be very careful of this hype..there is virtually no risk control and
    the set-ups are much more subjective than claimed. Indicators
    for entries like this are not as good as finding pullback and then consolidation areas to enter a position with pre planned stop and
    profit targets.
    7 Feb 2012, 05:45 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » You obviously do not know what you're talking about.
    7 Feb 2012, 05:50 PM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    seanpeter,

     

    Have you tried the strategy? It works like a charm. I have been following Kevin for a while now and have read all of the positive comments about this strategy. Your comment is totally baseless. You have no credibility whatsoever when you come out and make such a stupid statement.

     

    How can a person as dumb as you still be alive? Go back under the rock where you crawled out from.
    7 Feb 2012, 06:04 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Jon... I find it ironic that seanpeter has exactly one comment next to his name, has never e-mailed me one time, nor commented before asking a question, yet has the audacity to write what he did. He has probably never traded the strategy one single time, either. Because if he did, he wouldn't write what he did. Unreal.
    7 Feb 2012, 07:47 PM Reply Like
  • Nathan Browning
    , contributor
    Comments (123) | Send Message
     
    Bought your book, and I watch this strategy work everyday. Even though I can't trade as wish to because of my job, I virtual trade on the signals I see, or look over the charts at the end of the day and am quite pleased.

     

    Since I read the book, I won't talk about spreads and different indicators on this thread.

     

    Thanks for your time and effort.
    B50
    8 Feb 2012, 10:24 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks, I appreciate it. If you ever have any questions, let me know via e-mail.
    8 Feb 2012, 12:42 PM Reply Like
  • air hydrogen
    , contributor
    Comments (5) | Send Message
     
    Hi Kevin, If you gather a group together say Las Vegas count me in. I'm in Louisville Ky. I started reading late October and have more knowledge now than the previous 10yrs in options. I have a desire to trade options successfully, its can be difficult as I have lost a "pant" load back in 1999! Keep up the fine writing! Brad B
    8 Feb 2012, 04:22 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks, I appreciate that. I should have some more articles out soon.
    8 Feb 2012, 04:37 PM Reply Like
  • air hydrogen
    , contributor
    Comments (5) | Send Message
     
    Business Owner, Balloonist, Family Guy, Options Trader and Salesman!
    8 Feb 2012, 04:28 PM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    Like most people who are familiar with Kevin's daily options strategy, I was extremely impressed by the simplicity, rigor and very high probability of success that can be obtained by using it.

     

    I have read all of Kevin's 5 articles and comments related to this strategy. I have even read his recently published ebook on this strategy. While you can implement this strategy with the information that Kevin has provided on Seeking Alpha articles and his ebook, I wanted to get additional one-on-one training on it. I emailed Kevin a few weeks ago to asked him to train me on his strategy. We arranged to meet at a hotel in San Diego for a full week of training.

     

    The training from Kevin has exceeded all of my expectations. He is truly the master of his daily options strategy. To be able to see and hear from him in person on how to successfully implement it has been worth every penny. It has provided me an in-depth understanding of how this strategy works. Kevin's training has given me confidence that I can do this on my own.

     

    The training is completely customized to your situation, trading capital and trading style. He will asked you a lot of questions to understand how you trade, your risk tolerance and how much you want to make each day.

     

    He will sit down with you during each trading day and show you step-by-step how to setup your charts properly, walk you through his morning routines and the complete process of implementing his strategy. His coaching style is relaxed, personable and very thorough. He will patiently answer all of your questions on every aspect of this strategy. You will get a greater understanding of this strategy and why it is so successful.

     

    He will tell you the buy signals that he is looking for and will walk you through actual trades each day. More importantly, he will tell you the common mistakes most beginners make when using this strategy so that you can avoid it. It is truly amazing to see how all of the pieces work together. He is absolutely correct in saying that you will be putting money in your pocket during the week of training. I call it earning while you are learning!

     

    I highly recommend the training to anyone who wants to be successful with this strategy. I have taken numerous training courses on trading over the past few years. I ranked this as the best training experience that I have ever had. I am so pleased with the training that I have arranged with Kevin for further training in the future to refine and hone my daily options trading strategy.

     

    Please email me or reply to my post if you have any questions or comments. I will be happy to share it with you.
    8 Feb 2012, 06:51 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Jon-

     

    You didn't have to write this, but thank you for doing so. You know how I work, so I appreciate that you shared this with others who may have wondered. As you know, nothing makes me happier than seeing people become their own boss instead of the daily stress of the 9 to 5 job. Back at it tomorrow.
    8 Feb 2012, 09:16 PM Reply Like
  • pennyboy
    , contributor
    Comments (3) | Send Message
     
    It sounds like you had a great experience, i wish i could go train but its just not in my budget. I have followed this strategy for months. Can you share some of the issues you had? My timing was off, but his ebook explained the delta a bid spread desired. I would like to hear some pointers that helped you from a students perspective.

     

    Thank in advance
    Craig
    2 Mar 2012, 10:15 PM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    Hi Craig,

     

    Check your email.
    3 Mar 2012, 10:35 AM Reply Like
  • rm66
    , contributor
    Comments (4) | Send Message
     
    Hi Kevin. Great to see you expanding your business and success to help others. I'm interested in your training when convenient to you. Thanks, Rick
    9 Feb 2012, 09:28 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Rick, just send me an e-mail and I can go further into it with you.
    9 Feb 2012, 10:00 AM Reply Like
  • rm66
    , contributor
    Comments (4) | Send Message
     
    How do I email you? Rick
    9 Feb 2012, 02:29 PM Reply Like
  • Bobby Stevens
    , contributor
    Comments (3) | Send Message
     
    I have been investing for 30 years and just now started options. I read your book and am in the process of setting up my platform according to your method. My indicators require that I enter certain parameters that were not discussed in your book. Can you tell me what to use in these cases?
    Bollinger Bands: choice of SMA or EMA. Choice of OPEN or CLOSE.
    RSI: choice of RSI_EMA or RSI/Wilder
    RSI_EMA needs a choice for price; Hi, Lo, Close, volume.
    RSI/Wilder has same choices (but doesn't specify EMA or SMA.
    Stochastic Full: Smoothing-SMA or EMA. 
    I enjoyed reading your book.
    Thank you
    9 Feb 2012, 05:37 PM Reply Like
  • termn8er
    , contributor
    Comments (15) | Send Message
     
    Bobby, let me take a stab...
    BB sma, but don't plot the sma, just the bands and use close.
    RSI/Wilder
    Stochast, SMA
    10 Feb 2012, 09:29 AM Reply Like
  • termn8er
    , contributor
    Comments (15) | Send Message
     
    Hi Kevin,

     

    I sent you a message through Alpha, but in case you did not get it, please send me your email, as I too am interested in one on one training. Love San Diego!
    10 Feb 2012, 03:40 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » I sent you an e-mail. Thanks for your interest.
    10 Feb 2012, 04:50 PM Reply Like
  • Bobby Stevens
    , contributor
    Comments (3) | Send Message
     
    Thank you. I'll try that.
    10 Feb 2012, 03:41 PM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    I just concluded a week's training with Kevin. All I can say is, "Wow! This strategy works better than I thought!" I was profitable 4 out of 4 trades that I made. I could have made another trade but due to some technical issues with my brokerage account, I was not able to place a 5th trade. The 5th trade that I wanted to place would have been extremely profitable too!

     

    The goal of my week of training was not to make a boat load of money (even though I could have done that easily). My goal was to ensure that I can do this by myself and be very successful at it. Before the training, I lacked confidence in myself and felt uncomfortable placing trades using the strategy. At the conclusion of the training, I know I will be able to make money every week using this strategy. I can't wait to try it by myself next week.

     

    The thing I like about Kevin's strategy is that I only need to spend a few hours each trading day to make one or two trades and I am free to do whatever I want with the rest of my time. I don't need to be glued to the computer and make dozens of trades like some day traders. You only need to make one or two trades a day. There is very little stress.

     

    If I want to go on vacation or do something else for the day, I don't need to trade. I am free to trade whenever and wherever I like. I don't have to worry about my positions because my trades are placed and closed in a matter of minutes or before the end of the day. There is no need to worry about holding a stock overnight or over the weekend. There is no trading capital that is tied up. You "cash" out everyday. This will help me sleep better because I don't have to worry about how my portfolio will look like the next day if there are bad news in the company or in the world.

     

    This daily options strategy has given me hope that I will be able to achieve financial independence. I can kiss goodbye to my 9-5 job and be free to trade for a living. With Kevin's expert guidance, I am firmly on my way to becoming a successful options trader using his daily strategy.

     

    Thanks Kevin for training me on this strategy. It was a pleasure having you trained me and I enjoyed every minute of it.

     

    Please email me if you have any questions about the training. I will be happy to reply.
    10 Feb 2012, 06:52 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Jon... I was equally impressed by your patience in waiting for trades. That is one of the harder things to do when using this strategy. The ability to have a set profit limit and be content with that is extremely important and you showed that from the beginning. You never once wanted to force a trade. It was great to meet you and I know you are going to be extremely successful with the strategy. There is no doubt about that. Thanks again for your comments and we will remain in contact. You know that if you ever have any questions that you can always call me. Thanks again, Jon.
    10 Feb 2012, 07:27 PM Reply Like
  • grantgrant
    , contributor
    Comments (46) | Send Message
     
    HI Kevin:

     

    I am very interested in the training with you. My risk tolerance is kinda low since I am using your strategy to bootstrap a web startup I am cofounding with a buddy so I am the income/growth based trader. Would this be a problem. Would love to learn more.

     

    Grant
    12 Feb 2012, 08:03 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Not at all... e-mail me. This strategy is built on daily profits and cashing out.
    12 Feb 2012, 08:21 PM Reply Like
  • Dutch71
    , contributor
    Comment (1) | Send Message
     
    I'm also in SoCal and would be interested in your training. Just reading your e-book and setting up charts, I think the training would be good before I lose the small amount of investment capital I have for this sort of thing. Please send me an email.
    16 Feb 2012, 11:31 PM Reply Like
  • air hydrogen
    , contributor
    Comments (5) | Send Message
     
    Hi Kevin, I would like to have your training in San Diego! I would be honored to attend. A few months out would be ideal...end of May or so...need to get in line as I'm sure your time will fill up. Thanks in advance. Brad B
    17 Feb 2012, 09:21 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Brad, send me an e-mail I can tell you my schedule and more info...
    17 Feb 2012, 12:32 PM Reply Like
  • raoveruva
    , contributor
    Comments (14) | Send Message
     
    Hi Kevin, I would like to attend your crash course training in San Diego. But I have a full time job and need to schedule the time off to attend your camp. Can you send me the details of the training and costs etc., to eswar_veruva@hotmail.com to prepare for the schedule.
    17 Feb 2012, 02:26 PM Reply Like
  • gumbuster
    , contributor
    Comments (6) | Send Message
     
    Hi Kevin,
    I read the five articles and your book and I’m very interested in a week of personal training to get hands on experience. It looks amazing. I look forward to hearing from you.
    Ed
    20 Feb 2012, 09:14 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Ed... send me an e-mail by going to my homepage here on SA and click send message and I will let you know the details and my current open dates that I would be available... thanks again
    20 Feb 2012, 10:57 AM Reply Like
  • sadasivan
    , contributor
    Comments (5) | Send Message
     
    how about a session in NJ for East Coast folks?
    21 Feb 2012, 11:13 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks...I really appreciate your interest. I am so busy lately here in San Diego with meetings that for me to have to travel cross-country, only to have to be back the following Sunday, makes this really rough on me. By someone coming all the way to San Diego as well, it also shows me that they are serious about this and want to really learn this strategy. You can always contact me if you are interested in a meeting or ever have any questions on the strategy... thanks again.
    21 Feb 2012, 09:34 PM Reply Like
  • applecinnamon
    , contributor
    Comments (17) | Send Message
     
    I am in the middle of this week-long training with Kevin. Prior to deciding to come to half way across the country to San Diego, I read Kevin's books and articles (several times) and have started using the strategy with success. When I saw how powerful this strategy was, I decided that it would be worth my while to make this trip and learn from Kevin himself. My husband, who did not know a call from a put before yesterday, decided to join me on this trip.

     

    After booking the trip, we all realized that the markets were going to be closed yesterday. However, since the trip was already booked, we decided to use yesterday to talk about the strategy, look at charts, and be well-prepared for today. Although I've read the book, I felt that yesterday's interactive session was invaluable. There really is no replacement for learning from the person who actually developed the strategy. There were indeed things that Kevin was able to explain in person that would be hard to convey through the printed word. My husband was equally impressed and was so well enough informed that he was ready for some practice today.

     

    The session yesterday was already worth the price of admission; and the live session convinced me that there is really no substitute for this type of training --- not by teleconferencing nor held as a group seminar. Kevin personalizes the training to fit one's goals. My goal was to hear Kevin comment the on charts and indicators as they were forming in order to have a feel for the finer nuances of what makes a great trade versus something that he would avoid. I also wanted to learn Kevin's very methodical way of approaching each day and his execution of trades. I was definitely not disappointed and am already developing knowledge and habits that will serve me for years to come.

     

    What is most surprising to me is the relaxed environment Kevin is able to create for us rookies. There's no drama and no panic. We are even able to have some laughs as we waited for a trade to work out.

     

    And yes, we made a good trade today, which is gravy. Can't wait until tomorrow.
    21 Feb 2012, 08:51 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thank you. It has also been a pleasure meeting both of you. I already know you are going to do well, and the next 3 days will only prove that more. As I mentioned to you, this strategy isn't for everybody. But for those who are consistent and content with a set profit, while following the parameters of the strategy, are the ones who will do great. Both of you have grasped this strategy extremely well. We'll notch another winner or two tomorrow. Thanks again for your comments, I truly appreciate it. See you in the early a.m....
    21 Feb 2012, 09:39 PM Reply Like
  • applecinnamon
    , contributor
    Comments (17) | Send Message
     
    We completed our week of training with Kevin last week. We came away with a much clearer understanding of his strategy, an increased amount of confidence in ourselves in being able to read the indicators well. We also had a few winning trades.

     

    There is no doubt that even after having read the book and articles, the in-person training was well-worth our time.

     

    Plus, Kevin is a genuine person and an all-around "nice guy". He really doesn't have to do this and would probably have an easier and shorter day just doing his own trading. We found that he is willing to educate and eager to help. We both now consider him a friend.

     

    I would be happy to answer any emails related to the training, if you would like to hear more from a trainee's perspective and ask specific questions.
    27 Feb 2012, 02:12 PM Reply Like
  • air hydrogen
    , contributor
    Comments (5) | Send Message
     
    Hi applecinnamon, I plan to do a week with Kevin. I talked with him this past Thursday. He is very prompt. I would like to email or talk with you sometime to get a feel for the course. Thanks Brad B 502 419 6010
    28 Feb 2012, 06:00 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Gladys... I really appreciate that.
    28 Feb 2012, 06:03 PM Reply Like
  • applecinnamon
    , contributor
    Comments (17) | Send Message
     
    Brad,

     

    I sent you an email. I would be happy to answer questions you have.

     

    Gladys
    28 Feb 2012, 06:18 PM Reply Like
  • Joeriii
    , contributor
    Comments (198) | Send Message
     
    oi,

     

    Is it possible to give me some recent Buy-signals?
    When i try to find them myself , the bb are always to narrow?
    What time-frame do you guys use? (How many hours does the graph cover? ( my graph fills up 1 day))

     

    Ty!
    8 Apr 2012, 07:22 PM Reply Like
  • mike3dr
    , contributor
    Comments (29) | Send Message
     
    Gladys
    Any chance you would answer some questions?
    14 Jan 2013, 06:49 AM Reply Like
  • termn8er
    , contributor
    Comments (15) | Send Message
     
    For what its worth, probably not much :) since you are making money with OptionsXpress, I could not understand why OX should be any different than using a platform like TOS. They all get their data, time and sales from the same exchanges and the technical indicators are all public domain, so why should there be a difference.

     

    After doing a detailed comparison of a number of platforms I did identify that OX is using a different formula for IMI than other platforms. I also found that the MFI has dramatically different results that other platforms (the other platforms are about the same compared to each other).

     

    I asked OX to send me their IMI formula, which they did and I have programmed it into TOS and am now getting the same results. OX is now looking into MFI and I hope to get that programmed into TOS as well.

     

    The last observation which would impact the day trading method of trading is that the unlike TOS, the indicators in OX do not update in real time, like price does. So the most current value is not accurate. Only the 2nd to last bar and prior are accurate. The current number is created when the new bar opens, but then does not update again, until that bar is completed. So that tells me to make sure I check the prior number to confirm a signal. I assume Kevin, this is what you do as well.

     

    Mike
    2 Mar 2012, 12:02 PM Reply Like
  • jeffmcd
    , contributor
    Comment (1) | Send Message
     
    Hi - I'm using Worden's TC2000 and have differences on the indicators as well. I'd like to sync them up so I can stay with my platform. Any chance you'd want to share OX's IMI and MFI formulas, or at least your contact at OX?

     

    Thanks in advance.

     

    Jeff McDougall
    18 Mar 2012, 06:25 AM Reply Like
  • tradermaverick
    , contributor
    Comments (5) | Send Message
     
    Mike

     

    I also use TOS as my trading platform, and have noticed the difference in the IMI and the MFI. Would you be willing to share the IMI formula that you received from OX. ?

     

    Thx
    TM
    26 Mar 2012, 07:24 PM Reply Like
  • mike3dr
    , contributor
    Comments (29) | Send Message
     
    Mike
    Could you share those formulas with me? I also use TOS and would love to program them in. Thanks
    14 Jan 2013, 06:48 AM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    Thanks Mike for going the extra mile researching this.
    2 Mar 2012, 12:12 PM Reply Like
  • Art Rimbaud
    , contributor
    Comments (43) | Send Message
     
    Hi Kevin,

     

    Could you please send me an e-mail with your latest training schedule? I actively trade options and would like to investigate your system in more detail.

     

    Thanks!
    4 Mar 2012, 04:59 PM Reply Like
  • jonlien
    , contributor
    Comments (18) | Send Message
     
    Hey Art,

     

    If you go to Kevin's instatblog, you will see his current training schedule.
    6 Mar 2012, 09:35 PM Reply Like
  • myprop2007@gmail.com
    , contributor
    Comments (2) | Send Message
     
    Hello Kevin,
    Any plans to visit Phoenix,Arizona for training purpose? Your articles are impressive. Can you please send me the link to the ebook you mention couple of times in your article?
    Thanks and keep up the good work!!!
    RDS
    23 Mar 2012, 12:18 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » I posted that on my InstaBlog. I only train in San Diego.
    23 Mar 2012, 02:16 PM Reply Like
  • Kowksi06
    , contributor
    Comments (23) | Send Message
     
    Hi Kevin,
    My husband and I read your book on the option strategy. It was a quick read, very straight forward and easy to follow. It got us very interested in this strategy. I was hoping you may be able to answer a question for me.
    I am practicing in a virtual trading account right now until I feel like I know what I'm doing. I had a few days were I found buys easily, but last Friday and again today I did not have any luck. I was just wondering if there were any buying opportunties that I may have missed today.
    Thanks so much for the time you spend answering questions for people like me.
    28 Mar 2012, 04:20 AM Reply Like
  • seand01
    , contributor
    Comments (3) | Send Message
     
    But did Kevin ever comment on optionsexpress giving off incorrect signals? Can we use this strategy with TOS or TC2000. I use TOS and stockcharts.com and this has been driving me crazy.

     

    Buy signals in TOS but not in optionsexpress.

     

    Example: Yesterday 4/3/2012 Citigroup at 11:16am
    TOS had all 5 buy signals. OX only had 4.
    The IMI Number was a buy (16) in TOS but not in OX (40).

     

    Sorry for the repeated question. Thanks to termn8er for his previous answer to my question.

     

    So my question to kevin or anyone else does this strategy only work with optionsexpress?

     

    Sean

     

    P.S. I enjoyed your eBook.
    4 Apr 2012, 02:12 PM Reply Like
  • applecinnamon
    , contributor
    Comments (17) | Send Message
     
    I have been using the daily strategy for a few months, have taken the training with Kevin, and exclusively use OX. I don't have any comparison between OX and other platforms, so I cannot speak to the differences in the numbers.

     

    When the bands are expanded, all indicators are met, and the price action is well below or above the band, I would take the trade.

     

    In your example of Citigroup at 11:16am on 4/3, I personally would not have taken the trade even if the IMI in OX showed 16. The biggest factor for me was that the bands were too narrow. In fact, if I had on my streaming charts, I would not have gone to check on C based on the way the chart looked at the time. The way the chart looks is the single most important factor for me. I would then check on the numbers.

     

    I hope that helps.
    4 Apr 2012, 02:41 PM Reply Like
  • termn8er
    , contributor
    Comments (15) | Send Message
     
    Sean,

     

    To be clear, OpX is using formulas that are not reflective of the names they are using. I have confirmed this. So you can not use other platforms to generate the signals unless you figure out the formulas they are using. I know some are using free accounts with OpX and then using TOS to trade the signals.
    5 Apr 2012, 09:04 AM Reply Like
  • applecinnamon
    , contributor
    Comments (17) | Send Message
     
    I agree with the logic of doing that. Nomenclature and calculations aside, if someone developed a strategy on one platform, I would use that to generate my trade signals.
    5 Apr 2012, 10:26 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Thanks Gladys... you know your stuff.
    6 Apr 2012, 09:26 PM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » I have never, nor would ever, recommend using another platform other than OX unless the formula was calculated correctly. If that is done correctly, then ok.
    6 Apr 2012, 09:27 PM Reply Like
  • seand01
    , contributor
    Comments (3) | Send Message
     
    Thanks guys.
    5 Apr 2012, 10:53 AM Reply Like
  • josephscanovajr28
    , contributor
    Comment (1) | Send Message
     
    Hey Kevin,

     

    Question I use Td ameritrade and I find that they don't have a 2 minute indicator only 1 or 5

     

    Also there is only either fast or slow stochastics. and No IMI indicator

     

    Can you offer any recommendations to use other indicators similar to your strategy

     

    thanks
    10 Jan 2013, 01:18 AM Reply Like
  • Kevin M. O'Brien
    , contributor
    Comments (1800) | Send Message
     
    Author’s reply » Try NinjaTrader
    10 Jan 2013, 06:51 PM Reply Like
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