248: David Sun - Systematic Options Trading - Minimize Risk, Optimize Edge
Chat With Traders
Stop Losses - Is That a Strategy?
Tacey: My approach is more systematic right I'm actually for example selling a put option you know 90 DTE 15 delta every single day, regardless of what the market's doing. And so, I've closed one trade that I'm losing. And I've entered another one at a different position maybe a different time. A stop is just this, there's something that's triggering you to make an adjustment. But really, that you've stopped out, but you just reengage in a different position. Right? So that kind of mindset shift.
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