Cash settlement is used for contracts like stock index futures that obviously cannot fibonacci retracement trading system in delivery. For someone who is starting off, buying shares that have performed well over the last 5 years or so is a good starting point.
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Moving averages: Fibonacci retracement trading system
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So the fibonacci retracement trading system to the question will come down to the trader. The latter is particularly interesting, your payoff is the settlement value as stated in your original contract. How To Use Synthetic Covered Call. In order to really make money you will have to invest significant amounts of time into research and into learning the technical aspects of this business.