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‘Broken Wing Butterfly’ is slow but steady strategy in making money amid volatility

‘Broken Wing Butterfly’ strategy is slow but steady in making money and one of the most inexpensive ways to trade

April 06, 2020 / 10:38 AM IST

Shubham Agarwal

Making medium-term commitments has two major essentials. First, one needs to have the conviction on a rather long-ranged forecast (Long Ranged Trading more often than not is 15-20 sessions).

Second, and rather difficult essential is that the patience and ability to hold on to the trade through all possible thick and thins.

What we mean by ability is that the drawdowns could be lethal in terms of underlying movements. Options Trading needs to account for all possible draw-downs and our willingness to make peace with all those possible adversities is imperative.