Replies to post #44760 on Options Wonderland

[daiello]

I understand, being up about 100% on a what $7k position, i'd close almost instantly.

But if we were going to hide the balance and just watch the chart, actually looking at the 1minute, I would have probably sold due to no movement, which I think you agree is a bad "strategy"

Maybe placing a stop loss so you capture minimum 50% but allowing for higher movement, just like what we saw today? That way if it hits your stop, you could get in lower and if it goes higher (like today) you can close at eod, or when it starts falling apart (slide up the stop loss)

Then again, hindsight lol, good job though!

[3xBuBu]

I would do the same thing for
the options, not like stock, options has premium evaporate every minutes and could even evaporate faster if it turn south for whatever reason