Trade Recap 24 Aug
You’re literally never going to be young again. You’ll be 69 one day looking at the past. Go book that flight. Hit the gym. Eat clean. Take that risky trade. Go be the person who you always knew you could be. Start now.[Cool]
My favourite type of day [Love]
Strong momentum right from market open. As a momentum trader, I took a trade during the first 8 minutes from market open. I bought $TSLA 20230901 235.0 PUT$ after seeing the price breakdown from premarket low and come flushing down. Sold half at 7% as I risk 7%. This is my way for risk management. Held the otherhalf and sold at 21% profit level, which is 3x ofwhat I risk.
Overall a good trade with 3:1 risk-reward ratio.Once again grateful for what the market has given me. [Bless]
Disclaimer: I'm just sharing my trade and experience for educational purposes only and should not be considered as financial advice. I've exited my trade so do not try to copy the trade. Trading options can be extremely volatile and not meant for everyone.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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