Weekly down trend
At support/resistance, 350
Short Entry 347
Stop 380
Target 280, 250
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.
At support/resistance, 350
Short Entry 347
Stop 380
Target 280, 250
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 P200/250/300
Limit 4.65
No Stop in Option
Limit 4.65
No Stop in Option
Trade closed manually:
close 3.3, small loser