Go fish has 2 meanings -
1. This is the first time you have entered the market. You reach for a reasonable fill price to start your trade-off with. A good fill price is Pillar #2 of the Four Pillars of Success. The starting point is critical to set up Pillar #3, the exit price.
2. Once you go fish, it's time to improve your position by 50% or more by placing another order X ticks back for X quantity. Adding more contracts can be a one-time entry and Go Fish Pro's app handles this process automatically.
Past performance is not necessarily indicative of future results.
We feel that you do not go all in on your first trade, but rather scale into trades and out of trades. GoFish for your first entry price to give yourself a price advantage to start the trade off with. Then if the model is still valid and the market wants to give you even better fill prices, take them in our opinion.
Everyone knows Warren Buffett, the wealthiest investor in history.
But few people know one of his secrets to greatly increasing his investment returns.
The amazing thing is just how simple his strategy is. It's so simple in fact, that it's very surprising that every investor doesn't use it.
Warren Buffett essentially gets paid to wait to buy a stock at the price he wants. While most other investors either chase the price or wait passively, he rakes in risk-free money.
If that sounds impossible to you, it's because you haven't yet discovered the power of options income trading. It's a different form of trading and investing than you might be used to, and the best professional investors use it.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.