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In the world of investing generally - and options trading in particular - it is not only important to know when to get in and get out of a trade, it is also important to know how to do so.
Whether you still call trades into your broker, or enter them into an online platform, or use proprietary software to make your trades, the orders you give to your broker are incredibly important.
Retail investors used to just buy stocks at the market and wait for them to rise in value. But these days it's not enough to just buy stocks or shares of a mutual fund and sit on them for decades - this is not your father's market. Things have changed a great deal in the last 25 years.
Thanks to computers and the proliferation of the Internet, the markets move incredibly quickly, and you need to be prepared for whatever happens next.
That means tailoring your orders to fit your trades and having them into your broker ahead of time.
Today, I'm going to show you how you can maximize your profits (and minimize your losses) with just a few tweaks to your orders.