[COI Questions: 0] Why is your strategy so consistent?

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JR

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May 12, 2010, 11:26:52 PM5/12/10
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I think there are four main reasons why my strategy is consistent. 1)
I start with a trade that is adjustable. Most of the common trade
types start with a structure that is not very adjustable; especially
once the trade gets into trouble. 2) I enter the trade planning to
adjust the trade. Most options traders only think about adjusting when
they find that their trade is in trouble. 3) My profit target is only
a portion of the total available profit. Waiting around until
expiration week to get 80% of the profit in a trade simply gives the
market more time to make an adverse move. 4) The last and less
important aspect is what I adjust with and when I adjust. This is the
only thing that is different between the original strategy and the new
strategy. The adjustments on the new strategy are just a little more
aggressive than the adjustments on the original strategy.

http://www.consistentoptionsincome.com

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