John Locke – Broken Wing Butterfly Master Track Series

What You’ll Learn In Broken Wing Butterfly Master Track Series?
Trade Entries

Days to expiration (DTE) – Close vs far from expiration and how DTE changes the trade
Choosing wing widths
Broken Wing Butterfly vs Butterfly/call entry
Entry location relative to at the money (ATM) and how your entry effects your adjustment strategy
Scaling entries/adjustment strategies
Upside adjustments strategies

Adapting your upside adjustment strategy to:
Different volatility levels
Rising markets
Falling markets
Sideways markets
Downside adjustment strategies – The “Achilles’ Heel” for most traders

How and when to best adjust to the downside for maximum protection with least whipsaw risk
How to set risk parameters: Planned Capital, Profit Target, Max Loss
Trade Exits

When and how to exit most effectively