I'm several steps behind your progress Nocona. I used them on my last original buy signal, sold too soon and made 45%. I shied away from using them on my rebuy signals but that was before recent complete restructuring of what a rebuy is. I agree with your 10% rule of moneymanagement but may add more at the bottom of an original buy when I see my various indicators turn back to green (rising)
Nocona, when you take the 4% loss do you then buy 10% of your account in next month puts/calls/ ? that means you will have 20% of your account in options right?