Menu
Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD) which can be obtained from your broker; by emailing investorservices@theocc.com; or from The Options Clearing Corporation, 125 S. Franklin St., Suite 1200, Chicago, IL 60606. The content on this site is intended to be educational and/or informative in nature. No statement on this site is intended to be a recommendation or solicitation to buy or sell any security or to provide trading or investment advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions.
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
© Copyright 2008-2024 Market Taker Mentoring, Inc. All rights reserved.
2 Responses
What I have been learning to do, which is relevant to this approach, is to enter my orders a bit optimistically and let the gamma movement of the waves of price movement wash back in my direction yielding a good fill price. This is especially evident when placing trades before the open (in a waiting state) to catch the wild swings of pricing at the open and near the close when other bidders begin to panic about missing the market close. While usually not a game changer for credit spreads the effect on risk/reward can sometimes be pretty good especially over many trades. I think that getting a better fill improves on the reason to make the trade in the first place and can help if/when adjustments or early closes become necessary.
Great advice