Recently I had a discussion with my friend about trading styles.
He is a hard-core Nifty & BankNifty Options seller.
He explained his trading style to me.
He used to sell the last month i.e December contracts & collect the premiums and where ever market moves he used to do the adjustments every week.
He calls this trading style as “FIRE FIGHTING”
Here, I’m not going to argue that this is not a good trading style.
The name “FIRE FIGHTHING” got stuck inside my mind.