Just manage your risk , as in first post.If traders run their profits , they can still use this system and make money , but results will not be consistent .This is because markets trend only 20% of the time at the most .In the 80% ranging period , traders looking for larger profits will suffer or not perform as well as in trending periods.
Good luck to everybody.Try to lose only a few ticks 20 to 30 maximum , it will change your trading , because this is defensive trading "not to lose".Learn about defensive football and transfer it to trading.
Let me explain something about options and how to profit from them.
The option price at any given time is based usually on expected volatility , in the time the option is valid , it is based on open to close expected movement.AS AN EXAMPLE . a daily option might be priced at 70 pips /ticks including spread for 24 hours .This price is divided into a buy option for 35 pips and a sell option for 35 pips , therefore if a trader is good a predicting markets he can buy the buy option or the sell option for 35 and hope to get 70 , there is room for profit by buying options.This is layman's explanation.