|
Posted by TheOracle on November 15, 2006, 11:09 pm
hello, im kinda new to the market and i would like to know that when
should one exit an option trade gone wrong. for stocks the golden rule
is to exit any trade when you have lost 7-8% however, with options you
can loose 30% and make a profit of 21% within one day is there a safe
stop loss strategy that one would like to share.
Additionally, i would like to know if anyone knows good reading
materials for money/risk management for options
thank you
|