SOXL short
Updated
Semiconductor Bull 3X ETF,
Bearish Engulfing and Gap down.
Short 47
Stop 57.10
Target 28, 14
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.
BuyToOpen Aug Put P30
Limit 3.16
SellToOpen Aug Put P16 x2 contracts
Limit 0.54x2 =1.08
Total cost 2.08
Bearish Engulfing and Gap down.
Short 47
Stop 57.10
Target 28, 14
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.
BuyToOpen Aug Put P30
Limit 3.16
SellToOpen Aug Put P16 x2 contracts
Limit 0.54x2 =1.08
Total cost 2.08
Trade active
BuyToOpen Aug Put P30 Limit 3.16SellToOpen Aug Put P16 x2 contracts Limit 0.54x2 =1.08
Total cost 2.08
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