My Bread and Butter Trade

[Pascal]

Thank you for posting your option trade Ernst.

This is very useful for those like me who do not trade options very much.


Pascal

[senco]

Ernst, thank you for sharing this; great opportunity to learn :-)

Could you please clarify regarding your money management:
> I will try to work this trade till I earned approx 20% of my risk.
> For me it is essential not lose more than MAX!!! twice what I make in a normal month.
Is the intention to exit the trade when the profit reaches a target if 20% of $7675 , and bail out when in spite of adjustments one is at a lost of twice as much?