Ignoring Your Trading Profits

smbcapitalFree Daily Trading Video, Options Education, SMB Options

Options traders are normally disciplined about taking their stops, but usually much more flexible when it comes to closing trades once they hit their target profits.

However, risking the profits on a trade that hits target can be a reckless practice.

In this video, we discuss the fallacy of failing to take profits when trade targets are hit.

* no relevant positions