I think people have different perspectives on trading, for me I manage my account and risks better in the form of cash flow. I use dividends to help finance put buying, while selling various spread premiums to kick up the cash flow. I use the net positive to pay bills or personal debt. I have a limit on net long delta at all times. When there is a crash, my account stays the same or goes down slightly, my cash balance goes up, rinse and repeat. Instead of focusing on profits, I focus on maintaining the machinery to pay bills.
