TradingView
PlanTradePlanMM
May 19, 2021 7:55 PM

JKS Long Long

JinkoSolar Holding Company LimitedNYSE

Description

Downtrend wedge near breakout
RSI Divergence
WR Crossed -80
Resistance/Support had been confirmed as support

Entry 31.8
Stop 26
Target 52

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.

Trade active

BuyToOpen (BTO) 2022 Jan call butterfly C40/65/80 limit 2.56
Delta 0.20
No Stop in this OP trade;
MAX RRR 8:1

Trade closed manually

Closed 5.3, big winner.
More