Ad-Hoc Trade

The "Ad-Hoc" trade is more of a professional technique. It requires a little more time dedication than the other trade techniques. It involves real time tracking of your cost average, reset level, and deleveraging level. The trade, when initialized into an extension, is not added to until the deleverage price level is at "break even" for the trade. Upon a large extension, this allows for a huge amount of price range the underlying needs to move before adding the first addition to the trade. It is designed for actual stock shares or very deep "in the money" contracts. Due to the time and update requirements for the trade, we will probably very rearely, if ever, utilize this trade type within the newsletter.