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PlanTradePlanMM
Jun 29, 2022 8:07 PM

DQ Short Short

DAQO New Energy Corp.NYSE

Description

Bounce back to supply Zone, Zone Confirmation
Trendline break

Earning: 8/09/2022 Est. 6.54

Short 67
Stop 74.5
Target 55, 35

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 Ratio Spread Oct P25(x-2)/45
Limit 2.00
no Stop in this option

Trade closed: target reached

8/26/2022 closed 1.5, loser
Closed too early, missed big drop.
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