Downtrend Wedge,
Bounce back to supply Zone,
Trendline break
Earning: 8/12/2022 Est. -0.20
Short 69
Stop 82
Target 60, 45
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.
Buy Put butterfly Nov P30/45/60 Limit 2.46
Sell Call Spread Nov C70/75 Limit 2.05
no Stop in this option
Bounce back to supply Zone,
Trendline break
Earning: 8/12/2022 Est. -0.20
Short 69
Stop 82
Target 60, 45
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.
Buy Put butterfly Nov P30/45/60 Limit 2.46
Sell Call Spread Nov C70/75 Limit 2.05
no Stop in this option
Trade active:
Buy Put butterfly Nov P30/45/60 Limit 2.46
Sell Call Spread Nov C70/75 Limit 2.05
Sell Call Spread Nov C70/75 Limit 2.05
Trade closed: target reached:
8/3/2022 Close Sell C70/75 + 2.9 Loser
9/6/2022 close Nov P30/45/60 3.58 Winner
Total is make event.
9/6/2022 close Nov P30/45/60 3.58 Winner
Total is make event.