Know when to take Profits

  When you start with trading, you often will hear a number of pearls of wisdom. Keep your losses small, let your winners run, no one ever went broke taking profits. You can keep your losses small at order entry. It is possible to select defined risk trades and you do not trading too many contracts. It is not a […]

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Key to success is Managing Winners

While selling options for premium will help you improve your probabilities of profit, managing winners will be equally important. Have you ever heard of the expression “Key to success is managing winners”. When your trade is making profit what do you do? You often read “Sell your losers and let your winners run.” This endlessly quoted Wall Street adage. Is […]

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