In downtrend, bounce back to resistance
Trendline break + retest
Earning 8/19/2022 Estimate -1.6
Short 30
Stop 38
Target 10
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.
Trendline break + retest
Earning 8/19/2022 Estimate -1.6
Short 30
Stop 38
Target 10
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:
Buy Put Ratio Spread Nov P12.5(-2)/25(+1)
Limit 2.5
no Stop
Limit 2.5
no Stop
Trade closed manually:
6/17/2022 close 2.79 -- small winner