OPTIONS TRADERS CO-OP

[Caoi]

Covered AAPL put @ .86 -6
Started divergence but price not exhausted yet imo
Maybe a little later a better map to be seen

My own personal mantra taken from other crafty traders
i have bumped into here and elsewhere
Follow or lose money- Me
Trade small listen to charts not people -Me

cut losses quickly let profits run have a written exit plan always
If a trader limits losses to small, and let's gains run , he really doesn't have to be exceptionally good at it to succeed over time -Roy


Always use stop losses.” – Wenzhan BT

“Never deviate from your trading model.” – Richard Weissman

“Trading with discipline.” – Oscar Castanon

“Mine is to never lose more than 1% of my total trading capital in any one trade. That keeps my capital safe.” – Steve Burns

“Never, under any circumstance add to a losing position… ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin!” – Dennis Gartman athttp://www.tradiphy.com/

“Follow the system and block all outside noise.” – Dan de Joya

“Wait for the best entry.” – Jay Chandran