We will also discuss and evaluate how to handle the max loss via firefighting strategies (mostly intraday) so that on a weekly basis we either
· Close the positional trades in profit · Reduce our losses even below the defined max-loss.
This handbook will be 100% beneficial if you are starting your options trading career. If you are already trading, most of these strategies outlined might be familiar to you. Have an open mind and try to re-learn these the right way so that you know which strategy to pick based on the market conditions.
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