I don't necessarily trade all the ideas I post here, but I take a lot of them. Especially the ones I will be including on the top 5 list each week because those are the ones I'll have the most confidence in. I think this chart can be used for both short term and long term. I decided to open some weeklies yesterday when I saw it reject the gap fill as I expected, with small size as a bit of a gamble.
It worked nicely and I think it will continue down, but I took the majority of the position off. It didn't really hit any of my targets, but it did drop significantly shortly after I opened the position which resulted in a 250% spike on the premium so I took most of it off before close, mainly because of Powell tomorrow. I held runners and I'll let them ride, but I consider the trade closed now.
I was considering posting the position and P&L here, but I'm not sure if I should. I like to be transparent and show that I actually put my own real money behind my ideas. I don't post things if it's not something I'd consider, even if I don't take it. Some things I post I never plan on playing, it's just for educational purposes, but I still believe it to be solid analysis or I wouldn't post it. Anyway, it doesn't matter what my P&L is, it just matters if my ideas work or not and if they present reasonable risk/reward so I think I'll refrain. I try to promote my analysis instead of my P&L because I've learned that is probably the best way to go for many reasons.