@nicholas_crown: The chart is the bait. The four steps are the actual job. 1) The idea or the chart. Where everyone starts and most people finish. 2) Positioning. Does the idea have room to run? Is smart money interest already there? 3) The options surface. What has the market already priced before you got there. 4) The catalyst window. What sits inside your time horizon that can break the trade. The chart is where you start. It is not where you decide what to do. Click the link in my profile to get my pre-filtered trade ideas weekly in your inbox.