Replies to post #8241 on Liquid Investments

[Komando Robot]

This is why I always say cut 10 - 12.5% on options

[Breakout]

I think you bring up an important point and one I need to do a better when looking at some of my plays. I mentioned for over week that SLV was near the top and placed my PUTS in. The problem is we never really know where the top is and it continued up another 3.00. I should have hedge my puts until there was a clear signal of a downward move. Even though I made $$ on my puts the started out in the red 50% before it tanked. Hedging would have allowed me to make some money on that 50% red.

Thanks for bring this up.