Jumia Technologies AG
Long
Updated

JMIA to Long

242
Entry: 8.3
Stop : 6.5
Target1: 14; reward/risk=3:1
Target2: 20; reward/risk=6:1

I am not a PRO trader. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

My 9/1/2020 JMIA trading plan is a loss for now.
Trade active
option trade: BuytoOpen 2021 Jan C9/17/25, limit 0.95;
No stop in this trade. Bid/Ask is too wide.
reward/risk=7:1 to try my luck.
Trade active
Trade active: SelltoClose C9/17 Limit 4.5 -- good t cover 9/1 and 9/16 two entries (Total cost 2.3).
Current Hold: C12/17(-1)/22(-1)/25, still have chance to win next $2--$5;
Note
close C22/25 limit 0.65
Current Hold: C12/17
Trade closed: target reached
Close C12/17 limit 4.1. This is a big winner.

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