Home › Forums › Income Lab › RUT IC on right now that is -$105 P/L Open – what to do? › Reply To: RUT IC on right now that is -$105 P/L Open – what to do?
October 4, 2016 at 12:20 pm
#7079
Participant
If you want to provide original short strikes, duration and prices, we can try to look at this trade to determine what are the possible outcomes. In general, we have a plan for each trade before entry and if the trade hits a stop loss level we cut it. If you have a trade that’s getting away from you and the loss is manageable, it’s probably best to cut it and look for another trade with a better set up.