In downtrend
Previous Support became resistance
Earning 8/10/2022 Estimate 2.16
Short 95.5
Stop 97.5
Target 90, 85
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.
Previous Support became resistance
Earning 8/10/2022 Estimate 2.16
Short 95.5
Stop 97.5
Target 90, 85
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:
Buy Put Spread Aug P85/92.5
Limit 2.15
Stop 97.5
Limit 2.15
Stop 97.5
Trade closed manually:
closed 2.79.