One thing to realize is that RadioActive positions are much longer term; you might set good-til-canceled order to execute one of the Income Methods and just check every now and again to see if your order fills.
For example, if you know that your AT RISK amount in an RPM is $2.50, and you know you’d like to bulletproof your stock but not limit your upside…Set a GTC order to Income Method #3 that credits $2.50 or more to your account.
If the movement of the market makes that order happen, you’ll be informed when you check your account that you are BULLETPROOF…and that’s a happy place to be indeed.
RadioActiveTrading is the polar opposite of day trading. You need not be at your terminal every hour of the day. Some folks do better with a crock-pot approach to trading: fix it and forget it. One of my Members made a 30%+ gain on NVDA by bulletproofing it…then forgetting it. He used Income Method #4 to make it bulletproof, then turned his attention elsewhere to the more exciting exotic (non-RadioActive) options combinations that he was also playing.
That one, BORING NVDA trade of his ended up doing better than all of his Condors and directional spreads that year…even though NVDA itself had a 28% drawdown during the period of time that he was holding it. He didn’t squander emotional energy or TIME on his RadioActive trade because it was BULLETPROOF…and ended up performing rather well without his constant attention.
I'm Kurt Frankenberg, and I have discovered how to truly put the odds on the side on the individual investor.