for stocks, you generally put in trade when things are clear and sitting on the position until stop hit. You don't predict, you re-act. Many times, you need to be dumb to be successful. in options, based on my experience, the most profitable trades are based on *prediction* and some wilde *imagination*. It's like golf hitting 20 feet putter, you need everything come together at the same time. Options make you a smart guy and days for trading seems more well-spent. Options --> predict and no stoploss needed stocks --> re-act with stoploss
The price of the stop is embedded in the price of the option. Not as smart as you thought you were huh?
Roflmao! Yeah... the stop loss = price of option at entry...of which the stop out is the option expiring worthless. Lol
option tradings are great, it has great risk/reward ratio. and it works in couple of days for you to jump in/out quickly, thus satisfy the common need of over-trading. so far so good. Rule #1: "Every trading is based on directional bet. If you can read the direction, all vehicles are the same. "