Friday, July 17, 2009

TRADE SETUP: WBT BOT +1 CALENDAR RUT 100 SEP 09/AUG 09 490 PUT @6.70 ISE, RUT MARK 520.58,
We have rallied several sigma in the past four days. I'm taking a gamble that we will pull back.


Max Risk =6.7
Probability of Profit =39.95%

Profit TARGET: 20%*6.7=8.04
Loss EXIT: -25%-5.4

TRADE MANAGEMENT:
BreakEven Points: [463,520]

Did I plan my trade & trade my plan? -

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