Daily RSI divergence
Demand Zone, not fresh, became support Zone
Hammer candle when touched DZ
Earning 10/26/2022 Gap and run to demand zone.
Entry 194
Stop 178
Target 250
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.
Demand Zone, not fresh, became support Zone
Hammer candle when touched DZ
Earning 10/26/2022 Gap and run to demand zone.
Entry 194
Stop 178
Target 250
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:
BuyToOpen 2023 Feb Call butterfly C220/250/280
Limit 3.85
No Stop in Option
Limit 3.85
No Stop in Option
Trade closed manually:
closed 2.00, lost timing value. TSLA is 199 now.