I have had a Time Rule for the Fab 5 for several years. Here was the original rule:
The $100 Roll must complete within 30 trading days from trade initiation
I updated the rule this year to have 2 “stages” that each trade must complete. The Time Rule is now:
|Time Rule (2 stages):
Stage 1: price must improve 3% in the initial 15 Trading days.
Stage 2: 30 Trading days to complete the $100 Roll (if it makes it past Stage 1)
– DM 10:00 AM CST