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01 - What is a Trade Buster Anyway?

The Trade Busters

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Introduction

Trading 0DTE SPX option came about when we used to use market stop orders. A market order is basically going to make you subject to the whims of the market, the market makers and the bid-ass spread. Once you get above a certain range above threshold, they start calling what's called an erroneous error or clearly erroneous something like that. You can call in to SIBO or actually you'll call your broker and they'll call SIBO and you can request what's called a trade bust.

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