RE: Getting back in

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Getting back in

in trading •  4 years ago 

Yea I don't know how you play this with options. Just asking to get killed with a premium suck.

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Ya, I have gotten killed on it before, but last 3 times did well. Just sold this position today for 160 profit. 3 percent right in line with my 2 to 5 % goals

Willing to take a $600 loss but locking in a $160 gain doesn't sound like a profitable trading plan in the long run.