/biz/ - Business & Finance

>>16244580
I don't have a strict strategy but what I am doing different is making sure to have reasons when I make a trade.
For example when Mcdonald's board fired the CEO the stock correct further after already correcting from a somewhat weak earnings report. I bought calls because the dip from one person leaving a company was reactionary and irrational and the stock looked overdue for a bounce which sure enough happened the next day.
Which leads me to my next rule, do not be afraid to sell for profit. It is so tempting to sit on an option when your up 50-100% and the stock looks strong but fuck that. Profit is profit and I will take every single percent I have in front of me and put it in my pocket.