Friday, November 12, 2010

Profitable Option Trades with the Star Trading System

Dear friends :

The above is a list of option trades that I've paper-traded with the Star Trading System. To comply with privacy rights, I regret that I'm not allowed to display the stock tickers and options in these trades.

The Star Trading System is a swing trading system which rides with the trend of the market. It comprises a specific set of rules to select the stocks to ride on this trend. But the stock selection is automated with the help of a software called Telechart 2007. This automatic stock scanning process saves us tons of time from manually scanning the thousands of stocks or ETF traded in the US market.

Then the system has very precise rules to qualify the best options to leverage a trade on the stock candidates. And that's not all. Mr Jason Ng, President of Masters 'O' Equity Asset Management (Singapore) Pte Ltdthe and creator of the Star Trading System, further streamlined the essential criteria to consider when the US market opens to eventually decide whether to enter those option trades.

All these stringent steps are given and to be strictly followed for one single purpose - to trade an option position which meets the highest selection criteria and executed at the most opportune moment where there's a higher probability of success.

Alas, the market is unpredictable. Thus, the Star Trading System has a stop-loss method to minimize loss of trading capital in case the market go against the option position.

The Star Trading System also recommends a few profit targeting methods which I find useful to control traders' 2 weakest emotions during trading - fear and greed.

However, I have to stress that the Star Trading System is not a get-rich-quick trading system. You still need to put in some efforts to do your homework to prepare for your trades and monitor them when they are already in position. But believe me once you get use to the steps outlined very clearly in the system by Jason, you will spend lesser than 1 hour (or even lesser than that) a day to do the steps I've mentioned above.

You'll realized I did not bother to hide the options paper trades on Apple Inc. (AAPL) and, Inc. (AMZN). These were actually earnings gapping trades to show you the fallacy of this trading technique. I've mentioned in this blog entry why I've stopped trading the earnings gapping technique.

The following are some of the trades that are still in position using the Star Trading System.

Good Luck in your trading.

Yours Truly,

Tony Chai


Options Trading said...

what strategy does this trading system use? long call options?

Tony Chai said...

Hi :

The system basically confirms the existing trend of the market first. It then has a set of criteria to scan stocks to ride on this existing trend, done automatically by the Telechart software.

Once a stock qualifies for a trade, the appropriate option is chosen to leverage on the performance of the particular stock.

But entry of the position will still be determined by certain criteria when market opens.

Jason has a 1-month MSN session to guide you through this process. As of this writing he still provide a lifetime full money back guarantee for this system.


Tony Chai

Anonymous said...

Hello there,

This is a question for the webmaster/admin here at

Can I use part of the information from this post above if I give a link back to your site?


Anonymous said...


I have a inquiry for the webmaster/admin here at

May I use part of the information from this blog post right above if I provide a link back to this website?


Tony Chai said...

Dear Harry, sure.


Tony Chai