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PlanTradePlanMM
Feb 3, 2023 12:23 AM

META Short Short

Meta Platforms, Inc.NASDAQ

Description

Earning, GAP up into Supply zone

Short Entry 190
Stop 202
Target 155, 120

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 June Put butterfly P90/120/150
Limit 2.5

No Stop in Option

Trade closed manually

close 2/24/2023, limit 4.15. small winner.
Comments
TradingShot
Technical analysis straight from the textbook. Sharing our idea too:
TradingBrokersView
Great view, thanks for sharing.
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