OPTIONS TRADERS CO-OP

[royg1927]

Well Brad, yes I get your point.

But the way I see this game is NOT to set targets (except for SMALL losses).

The thing seems to be most profitable as one keeps on keeping on as long as the technical indicators suggest. Wherever that may be.

I'm kind of amazed to see someone take "real nice profits" when I see no reason to sell. As long as the thing says "come on", I'm coming.

Now you saw me take partial profits on NFLX a couple of times today. There the signals seemed to be somewhat mixed so I just put some in the cash drawer and waited on the rest for twice higher.

Another way to try to do it is to take good profits when a maybe substantial retrace seems to be at hand. Okay. But then if the retrace tires, there may well be another entry point. That actually happened at this desk today with two goes at TSLA puts, first from .86 to 2.70 and then from 2.38 to 5.57.