only as long as the transaction is a swing trade. Occasionally I'll see a 1H installation and I'll take it with regular stop placements since the real benefit of using options as a hedge is that I can take advantage of the option as a wasting asset since I just write them and do not buy them... if I had been to hedge with options to a 1H timeframe, I'd be out fairly fast and would still be fine, but it is just more to mess with when I'm out and in over a two to three hour interval.Originally Posted by ;
Basically, I use choices for their own convenience. Whenever you're set with a stop, you constantly worry about that damn thing getting hit. But if you're just hedged somewhat having a choice, you go to sleep at night simpler, as you understand that any increase in volatility isn't going to affect you in all...
I'll explain this in detail when I do the videos... thanks for the nice remarks.