“Biggest challenge: Determining when to get in and at what price…”

Feedback in:

Biggest challenge: Determining when to get in and at what price. I consistently end up with options that hit the strike price a month or more after buying (whether singles or spreads), but the current price is below my purchase price. Very frustrating to be correct about direction, but still lose money.

Don

I see it more than that. A lot more. You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

That’s a system. That’s what you need.

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