Trading VPS
I agree with your approach for the most part. I agree you do tend to close trades a bit early at time to secure the "win". But I think we could all learn from that. You should as a habit never let a positive trade go negative. I also agree that you rarely achieve your target profit. I have made the mistake more than once to hold out for bigger profits, only to close with a significant loss. What I have learned about Option trading is once they turn down, they tend to never recover. You enter the trade typically on an uptrend, thus see immediate positive to your trade, if it turns down Exit!! Take the couple hundred bucks, and wait for better entry.