Wedge breakout
Long entry 97
Stop 95
Target 105, 120 (Weekly chart target)
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.
Long entry 97
Stop 95
Target 105, 120 (Weekly chart target)
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 May Call C105 1.9 Delta= 0.3 , 130 days
Trade closed manually
SelltoClose C105, 2.3, win 0.4Because SPY trendline break, Closed most of my long positions today. Prepare to sell SPY put instead of longing single stock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.