Weekly RSI overbought and divergence
Fib. Extension of AB:
AB * 1.618
AB * 2.618
AB * 3.618
7/20/2021 Split: 4/1
Short 816
Stop 830
Target 700
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.
Fib. Extension of AB:
AB * 1.618
AB * 2.618
AB * 3.618
7/20/2021 Split: 4/1
Short 816
Stop 830
Target 700
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:
Buy Oct Put P600/650/700 Limit 3.9
No stop
Max RRR 11:1
No stop
Max RRR 11:1
Trade closed manually:
closed 4.3. Small winner
Concern about the Split.
Concern about the Split.