Don’t be a Flip Flopper

smbcapitalFree Daily Trading Video

One of the challenges faced by options traders is the tendency to regret adjustments after they are done because of a temporarily adverse move against the adjustment in the market after it is made.

The worst thing to do when this regret develops is to reverse the adjustment going out side of their normal trading plan.

In this video we explain why it is so ill-advised to flip-flop on adjustments and how doing so can wreck a perfectly good trade.

*no relevant positions