Yes. As an unbreakable rule I ALWAYS open a small initial position. Never go all in and you MUST keep some capital in reserve. Opening with a straddle greatly lowers your initial risk and also allows you to find the true direction of the asset, then capitalize on that direction.
Thank you. Did you see this? Click here: https://steemit.com/money/@marketreport/the-best-and-most-profitable-stock-trading-tip-you-will-ever-get-by-gregory-mannarino
Gregory hoping you can clarify further.
Can we open a trade using this strategy (rule 1) and still use a the staddle Strategy as well ?
Yes. As an unbreakable rule I ALWAYS open a small initial position. Never go all in and you MUST keep some capital in reserve. Opening with a straddle greatly lowers your initial risk and also allows you to find the true direction of the asset, then capitalize on that direction.
Ok Thank you I really appreciate your Response