How to Stop Out

Options entries chart (top) and the corresponding stock chart (bottom).

Trade is on QQQ short (puts).

One needs to get comfortable adding while in a red position in order to get out correctly. Notice how I waited for a retracement back towards the original level. Turned a big red trade to a small red one. These are the types of trades that take time to learn.

Notice how SPY did not come in to the level same time QQQ did….I missed this correlation live. Was still able to manage to get out with little harm.