Long
Updated

MARK Long

505
Demand Zone -- not confirmed
RSI Divergence
OBV>OBV34 (my scripts: OBV and OBV SMA comparison)

Entry 1.58
Stop 1.3
Target 3.4

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.
Trade active
BuyToOpen (BTO) OCT C1.5/5 limit 0.43x5
Delta 0.49
No Stop in this OP trade;
MAX RRR 6:1
Trade closed: stop reached
option expired. 100% loss.
Trade active
Near the Oct calls expired, I bought 2022 Apr C1.5 0.3x7
today, price is 2.17, and after market price is still going up.
Plan to sell some call next Monday.
Trade active
Target reached.
Sell Apr C5 2.28x6, big winner already.

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