Earning 5/2/2023 (Positive)
Open GAP and ran into Supply Zone, breakout and pullback
Short Sell 37.5
Stop 42.6 -- next supply zone
Target 30, 24
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Open GAP and ran into Supply Zone, breakout and pullback
Short Sell 37.5
Stop 42.6 -- next supply zone
Target 30, 24
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
BuyToOpen 2023 Sep Put butterfly P20/25/35
Limit 1.8
No Stop in Option, 1.8 is the hard stop, which is the max loss.
Limit 1.8
No Stop in Option, 1.8 is the hard stop, which is the max loss.
Trade closed manually:
SelltoClose 0.38, loss