Four honest questions. Two experienced traders. No fluff.
Do you look at skew before putting on a trade? Call skew is everywhere in AI and tech names right now and Liz says you need to know how expensive things are before defining your risk. Do you look at Greeks when closing a winner? Neither of them do. If the profit is there they are out. Does a trade going against you in the first hour change how you manage it? Tom says most trades go against him immediately. It is the running joke. Liz says she actually prefers it that way. A 30 delta put has a 60 percent probability of touching during the cycle. Better early than late. And do they still use charts? Tom yes. Liz prefers the option chain but respects the chart for context.
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