well, i know options trading is very difficult due to premium erosion and high leverage not present when trading indexes... personally i just trade profunds...yet a kind of automated system (with stop losses) may be desirable to eliminate guesswork and enforce a type of computer-like discipline based on reliable signals...otherwise the risk may exceed acceptable levels and severely reduce gains over time...
KEY point: options require tight risk controls and a very systematic system-like trading approach imho
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