OPTIONS TRADERS CO-OP

[royg1927]

Hi Art.

Quick answer but mostly the way it happens.

Mostly your number 1, last part.
Occasionally number 2, if I am going to have to be away for some time. Rarely overnight.

This is Friday. Often several scalp opportunities. I like to try "quickies" which are often suggested by my long time set of 5-minute indicators. Takes quick fingers. Firm policy: Do not take losses, or if no other way fightening a quick unexpected wrong move, get out. Rarely has to be more than 10% loss. Take it and go on.

Half way through the session, closed 5 scalps from 1.78 to 2.03. None open now.

Thanks for your question. Key simple ideas of how I do it.