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RE: TIB: Today I Bought (and Sold) - An Investors Journal #365 - S&P 500, Semiconductors, Marijuana, US Industrials, US Healthcare, Municipal Bonds, TV Streaming, Network Equipment , Real Estate, Rare Earths, China

in #investing7 years ago

I was leaning towards market breakdown so I had my monthly co tract expire out of the money... can’t win them all.

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You and me both. Key for me is my trades are set up as insurance. I am still trading the market up - insurance is if I am wrong.

I’m like 80% then trade about 20% of my account in option. I never trade more than 1-5% of my available cash per trade. This is an easy way to help prevent and one trade from blowing up your account.

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Good disciplines. Mine is about the same - not quite 20% on options. I use a standard trade size for options trades if I can up to $500 per trade.

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