but even still, had one taken the Friday trade, the way I do
these statistically is you use a base amount for the 1st entry so
if your base is 2 options, the the 2nd entry is 4 options, 3rd
entry would be 6. So in this case the doubled up position on the
2nd entry would still completely make the trade a nice winner as it
was double the amount of the 1st, also even the 1st entry at this
moment isn't far from Friday's close
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IWM 9/17 445 Call ,
McClellan Systems
Posted by retirefire on 20th of Jul 2021 at 11:15 am
IWM 9/17 445 Call , 10 points from yesterday low on SPX. Yes avoiding draw down was nice.
but even still, had one
Posted by matt on 20th of Jul 2021 at 11:19 am
but even still, had one taken the Friday trade, the way I do these statistically is you use a base amount for the 1st entry so if your base is 2 options, the the 2nd entry is 4 options, 3rd entry would be 6. So in this case the doubled up position on the 2nd entry would still completely make the trade a nice winner as it was double the amount of the 1st, also even the 1st entry at this moment isn't far from Friday's close