Replies to post #26934 on OPTIONS TRADERS CO-OP

[smartone]

OUT GOOGL PUT 750.00 2015/12/11 1.38

-,.12

great trade - as soon as I saw your trade I knew it would be a winner

but why would you do a trailing stop?? Why complicate a trade like that ?
especially if you are trading with such small amounts

isn't 40% a good win ? I mean AAPL could get to 117 86 which is pivot but the benefit of a trailing stop is really not there

I mean if you had bought 5 at 75 that is 375
with commish like 380
sold at 550 minus commish 545

that is 165 bucks for a trade

if you start with 375 and could make 40% a trade a day for 2 weeks you would have $9100.00