Sometimes stops make sense. Other times not. This time the trade would have been a win if I did not have a stop in place. I still keep to my trading rules to stay profitable.
Komen
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I hope people are profiting from this call. It would be over a 400% gain at the moment.
Can you call/put on tradingview and if you can how can you do it?:)
astrothtrader
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@mbgotrik, not yet. I get alerted for my trade entry on TradingView, then place my options trade at brokerage.
UnknownUnicorn1292062
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noobi, question: if your entry was long, how did you get stopped out?
astrothtrader
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@Frank24, my stop loss triggered which closed the trade. The trade was overall correct in direction and would have been profitable if I traded without stop losses.
UnknownUnicorn1292062
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@astrothtrader, thanks, hopefully you made up for that! can you recommend any resources to learn profitable options trading? i currently trade forex, and both seem very different.