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.
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BuyToOpen (BTO) 2022 C2/5 0.25x10 BuyToOpen (BTO) 2022 C2 0.4x10 Prepare to sell C5 No Stop
Can you clarify :
BuyToOpen (BTO) 2022 C2/5 0.25x10 is the plan but is executed in 2 steps.
1. BuyToOpen (BTO) 2022 C2 0.4x10
2. At a later time sell C5x10 . What is your criteria to sell C5?