Managing Risk When Entering, Exiting, or Rolling Positions

Session Index
TIME	SUBJECT
1:42	Introduction and background on Managing risk presentation.
4:30	Why do we care about this? Minimizing the impact of market movement on P&L.
7:48	Picking a good time to do a trade.
10:06	Developing a process to minimize risk.
13:56	Introduction to the Excel spreadsheet used to keep track of current positions and proposed adjustments.
17:05	Example of how to use the Trade Execution Planner Tool for an M3 trade that needs to be adjusted to the upside.
25:18	Staying within your Delta Risk Tolerance while adjusting the trade.
31:38	Input your trades into your trading platform’s analyze trade section and see the effect on Delta from the various trades.
34:53	Key Learnings from back trading this process. Summary of what you need to know.
41:16	Where to find the Trade Execution Planner Tool in the Locke Options Community.
42:03	John Locke and Dave Thomas give their observations on the Trade Execution Planner Tool and adjusting trades in general.
47:59	Discussion of differing ideas on how to adjust using the Remaining Contracts Column of the Trade Execution Planner Tool.
50:28	John Locke and Dave Thomas give their final observations on using the Trade Execution Planner Tool to adjust trades.