Is it? Make hay while the sun shines. Stated another way, exchanging a proving position for fresh risk is a joke. Hence the moniker. Covering a position because you're bored is___________________ LOL, you're not even worth reading. Just some schmuck who strokes his ego in the absence of anyone doing it for him. Kinda like jacking off. You go to ignore.
NP and I understand wht you are saying. I have long term ITM puts on DE, Thats what I do at the beginning of a Possible trend. Covered the position coz I was BORED, means something deeper than just the literal meaning of it. Any experience trader can put my entry on the chart, time it and see what i meant by bored & why i exited. Anyways, this is just a daytrading book for me. No HARD feelings here. Cheers.