SPY LongSPY Long and Neutral
Down 9% in 2 days, near demand Zone,
Long entry 513
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.
Sell SPY 250417 P500, Limit 11.31,
Delt= -0.37, expire in 13 days.
No stop, willing to buy SPY at 500 after 15% down from the top, for long term investment