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In this video, Coach Ernie from 0-DTE explains his trading strategy for butterflies and how to gracefully exit trades. He discusses the likelihood of where the trade will end up, and how to manage profits, not risk. Coach Ernie shares his simple rule for managing trades and highlights the importance of accepting losses. He also explains how to mark high watermarks and be guarded on profits. Watch this video to learn how to exit trades gracefully and achieve a low drawdown and small volatility in your equity curve.

Video Length: 00:05:33

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