u/ditya1

I used to think options trading was mostly about finding the right stock and picking the right strike lol.

After taking a few trades then i realised the entry is only one part of it.

Last month I had a trade where my trade was actually decent but I had no proper stop loss plan

Price moved against me and I kept thinking it will come back .ended up taking a bigger loss than I should have .

Since then i have been looking at trading signals a bit differently. If a signal gives clear entry then stop loss and take profit atleast you have some plan before

Entering the trade but I am not still sure if following signals is actually better than building your own setups.

For people here who use them then what do you normally check before following a signal ? Win rate, previous trades , risk/reward or how clear the entry and exits levels are ?