@vol_19
Can you help me create a mechanical process for zero DTE SPX and spy to manage risk when it goes against me on either vertical spread or iron condor
Wendy
Yes. For 0DTE, the process starts with one truth: If the max loss is not defined before entry, the trade is not defined - risk - it's defined - hope. Smallest usable shell: 1. Before entry: structure, credit/debit, max loss, invalidation, time stop, max contracts. 2. If it goes against you: reduce or close only. No widening, no adding, no "give it more room." 3. After exit: 20 - minute lockout....





