I personally prefer to use options to define my risk. With options you can limit risk without getting stopped out. Here is some more info:...
This info might give you more insight. http://theperfectpassiveincome.com/index.php/2016/04/01/nobody-can-pick-a-direction/
Yes. Remember this is my opinion after 23 years of trading. Others have other opinions. Based on my experience I recommend learning about options...
Your reward would be twice your risk however the probability of losing would be twice your reward. In other words you would make 2X more for each...
With a profit target and a stop loss well defined you need to have an edge. If you can pick a direction then you will make 5% more than you will...
Everyone trades in different ways. I am more of a black and white rules based trader so my questioned are designed to look at your objective side....
In your long stock positions do you place stops? If so where? In your covered call positions do you place stops? If so where? I personally don't...
It has a lot to do with your strategy. Can you give me more info about that? If I have a better understanding I can put myself in your position...
Some traders use Volatility which is related to Vega and Theta in order to determine trade genesis. They can open trades with a statistical edge...
In my options portfolio I like to keep my available capital at 70-80%. It gets much lower than that when I have to extend duration depending on...
On TLT the Ex Dividend date of the last dividend payout was 4/1/16. If you were short TLT as of the close 3/31/16 the day before you would have...
I agree you do need an edge. You don't have to be right on direction to create an edge . If you understand Options , Probabilities, Volatility AND...
Most traders lose in my opinion because there is not enough focus on the most important aspect of trading, money management or trade management or...
It means you should pay extra attention to possible downsides and think about scenarios to handle those.
I have developed countless systems over the last 24 years. I call them systems because I think systematically. At first I started using...
Maybe the answer to this question would clarify. Is selling a iron condor directional? My definition of directional is that no its not. Maybe your...
Prices being random would that mean that its possible that SPY could go to 0 or $1,000 by next week? In this case markets are not random they do...
Maybe the term money management should be replaced with trade management as previously suggested.You can sell an OTM call which is short in...
When you say "achieve positive win %" are you implying that you need to pick the right direction before you can be a profitable trader? Do you...
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