OPTIONS TRADERS CO-OP

[imshredin2]

Trying to have the discipline to take small wins was working. I get that part. The problem with your math example is it requires using 100% of your bank rolling into each trade AND being right every time. My goal is to actually use less % as my bank increases to reduce risk that a bad trade or two wipes me out. ( Exactly what happened last week) 2 bad trades. One with way too much in it , I should have never added and then I may have been more likely to just dump it a save more loss. Speaking to Farooq's point ...It's rare that I get up big enough on a few contracts that a minimum .10 trailing stop ever works out. Better to just sell into a surge and not miss the $30->50 profit when that could amount to 50% or more of your potential profit.