17
Oct
Learn To Lock In Profits

Don’t Let Your Profits Slip Away

Locking in profits is one of the most difficult and most integral parts to trading options successfully. However, we have developed techniques over the years to lock in profits on most option strategies.

“When I have a profit on a Broken Wing Butterfly trade, I make an adjustment which locks in my profit but still allows me to stay in the trade and make even more. The profit is mine forever, and there is pretty much no way I can lose it. This type of trading has greatly improved my personal trading, and I love teaching it to my students. I’ve developed similar techniques for many strategies that I use. This to me is one of the best things any options trader can learn to do.”

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Karen The Supertrader and James Cordier

Are You Picking Up Pennies IN FRONT OF FREIGHT TRAINS? Today’s topic is “Picking up pennies in front of freight trains.” Most option traders are guilty of doing this at some point, especially traders new to options.” Experienced traders usually stop after they get ran over or after they understand the risk involved. Most of […]

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