PlanTradePlanMM

JWN Short

Short
NYSE:JWN   Nordstrom, Inc.
Head and shoulders
Supply zone

Short 36.5
Stop 39
Target 22

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.

I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
Trade active:
Buy Oct Put P30 Limit 2.2
Delta -0.29
stop 39, option loss about 1.0
Prepare to sell P25 or lower
Comment:
Correction:

buy Oct Put P32.5 Limit 2.2, not P30
Trade active:
Sell Oct P27.5 1.4, Sell Oct P22.5 0.3,
buy Oct P17.5 0.2
Overall, Hold OCT P17.5/22.5/27.5/32.5 risk 0.7
Trade active:
buy to close P17.5/22.5 limit 0.18.
Current hold P27.5/32.5 cost 0.9.
Trade closed manually:
closed 2.88, small winner
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