In big downtrend, bounce back to resistance 3rd touch down trendline Up trend line break
Earning 8/23/2022 Estimate -1.23
Short 79 Stop 92 Target 57, 38
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
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Buy Put Butterfly Nov P35/50/65 Limit 2.1 (Bid/ask too big, limit 2.0 could not be filled whole morning.) Stop 92
Trade closed: stop reached
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closed 1.5, lose in time. did not take profit in July.