CHAPTER 5

The Process

We are choosing to use the vertical call spread as the vehicle for our system. It is by no means the only strategy that you can use. The Non-Timing Trading System is actually a process, not a strategy. It simply uses a strategy such as the vertical call spread as the investment vehicle. And the vertical call spread is simple to execute and works very well.

It is the process that makes this or any other strategy work. The strategy itself is secondary. As long as it is a long strategy, that is to say that you make money when the market goes up, you have limited and known risk, and you can control the cost of a unit relative to the amount of available capital that you have, it should work. The difference in any strategy will ...

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