VALE S.A.
Long
Updated

VALE Long

470
Trendline break
Support/resistance

Entry 12.35
Stop 11.5
Target 16

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 Mar C12
Limit 1.33 x2
no Stop
Trade closed manually
closed 3.4x2, big winner

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