WDIS: Amped to Trade!

Trade Management in QQQ and GDXJ

WDIS: Amped to Trade!

Options involve risk and are not suitable for all investors. Please read before deciding to invest in options.

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Dr. Jim and Anthony get into a lively discussion on the hows, whys, and whens regarding defending, rolling, and closing positions in both Anthony's core position with his Covered Call in QQQ and his Call Diagonal in GDXJ.

In both scenarios, the guys choose to do nothing but for very different reasons. Anthony learns the importance of understanding where he is at in the life cycle of the trade in order to make a solid decision about when the trade should be managed.

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