How to Be a Successful Option Trader

You have to decide what your trading plan is before you get into that trade and what the trigger is. Maybe it's a certain amount of loss. Maybe you're selling in far out of the money option. A lot of zero DTE people do this where they'll sell a delta 10 or something option that's really far out ofTheMoney. The risk is high, but the probability is also high. So I hope that got you thinking about what you're doing in your account.

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