It’s easy for positions to go against especially when trading options. Always have an entry and exit strategy. That way you always have a plan even if the position goes against and you lose a lot of money. The goal is to keep losses small and minimize your risk and exposure.
Join US vs HERD’s free options trading group: http://bit.ly/UVHFreeOptionsGroup
Follow and listen to our Spotify playlist: http://bit.ly/WorkEthicPlaylist
Connect with Nick — Twitter: https://twitter.com/NickDChow Instagram: https://www.instagram.com/nickdchow
Connect with US vs HERD — Twitter: https://twitter.com/USvsHERD Instagram: https://www.instagram.com/usvsherd Facebook: https://www.facebook.com/USvsHERD Web: https://usvsherd.com