MDT Long
Daily Demand Zone confirmation
Entry 102
Stop 98
Target 113
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.
Entry 102
Stop 98
Target 113
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
Buy 2022 Feb C110 1.15; delta 0.22Sell 2022 Feb P90 0.95; delta -0.15
Delta= 0.37
Theta= 0
Stop 98, if down quickly, about to lose 1.6 (4 x 0.4)
if up/down slowly, price between 90 and 110, loss 0.2 at expiration.
Trade active
BuyToClose P90 0.63, SellToOpen C115 0.5, reduce risk.Current hold Feb C110/115, Max risk = (1.15-0.5) + (0.63-0.95)= 0.33
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.