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;
Trade active
⋅
Buy Oct Put P350/390/420 Limit 3.1 stop 500 Theta: 0.00 Delta: -0.02 Max RRR 9:1
Comment
⋅
Sorry, Correction Buy Oct Put P350/380/410 Limit 3.1, (not P350/390/420)
Trade closed: target reached
⋅
close 4.1, small winner. Drop too fast. Butterfly cannot make profit.