No, this is not a video about a butterfly when it comes to an options strategy. It is about one action triggering a series of actions. Let’s just say you have a life and a full-time job. Weird, right? It’s not weird and most of us are in the same boat. You want to participate in the markets. But, if you do enter a signal, you would like to address your risk and define your reward while you are on that conference call with Karen :).

The video below will show you how you can do that on the ThinkOrSwim platform.

Grab a free day pass to one of our live signal trading rooms today>> http://bit.ly/nlonedaypass

Don’t forget to follow me on Twitter @MikeShorrCBOT

 

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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