@warriorpeople how do you cut losses on your option trades? Normally traders use a 7-10% stop loss but a 7-10% move in the stock is maybe a 20-30% +/- in an option premium.
@warriorpeople how do you cut losses on your option trades? Normally traders use a 7-10% stop loss but a 7-10% move in the stock is maybe a 20-30% +/- in an option premium.
@stan255 just became a fully transparent trader today!
Assuming the trade goes south, do you give it sometime (e.g: 3-4 days) or do you take the trade off immediately on the next red candle?
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