near demand Zone,
Long entry 516
no Stop ,
Target 530
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.
Long entry 516
no Stop ,
Target 530
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
Sell SPY 250516 P500, Limit 12.13, Delt= -0.26, expire in 38 days.
No stop, willing to buy SPY at 490, accumulate position for long term investment.
Note
Sorry, this PUT trade, Strike price should be 490. Sell SPY 250516 P490, Limit 12.13,
Note
Sell SPY P490 , Limit 12.13, hold cash 47,800 in IRA account. if price above 490, estimate 2.5% interest in 38 days,
Trade closed: target reached
Sell to Close P490 Limit 3.00, winner 
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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.
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.