Supply Zone Confirmation
Trendline break
WR crossed -20
8/4/2021 Earning
Short 455
Stop 495
Target 390
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:
Williams %R two lines;
Trendline break
WR crossed -20
8/4/2021 Earning
Short 455
Stop 495
Target 390
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:
Williams %R two lines;
Trade active:
Buy Oct Put P350/390/420 Limit 3.1
stop 500
Theta: 0.00
Delta: -0.02
Max RRR 9:1
stop 500
Theta: 0.00
Delta: -0.02
Max RRR 9:1
Trade closed: target reached:
close 4.1, small winner. Drop too fast. Butterfly cannot make profit.
Buy Oct Put P350/380/410 Limit 3.1, (not P350/390/420)