This trade could increase initial sizing or scale in. Trade are well plan trade term of R/R and strategy. Risking only .50c underlying asset for $1 to $2 target. Follow and action on the plan.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-09-27 11:07:36 | 30 SEP 22 290 PUT | buy | $7.650 | long |
2022-09-27 11:25:53 | 30 SEP 22 290 PUT | sell | $8.150 | 0 |
Hi OpinicusHoldings, actually the chart is show wrong where my entries. I only risking about 0.50c for this trade, but target is $1 but as you can see, I could scale out to $2 and $3 as well. I think in term R/R, this trade is ok. But thank you for your valueble advice.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
R:R is a bit unfavorable here - I think you could have secured a better entry with a bit more patience.