No play on BA as the risk to reward was too small. Strikes were 134/139/150/155 ($5.00 wide) for a credit of $1.15. My max risk for these plays is $250 so $315 was too rich for me. If we had been further along in ER season with profit padded into the account, I may have gone for it.
The account is back in the green. Win/loss ratio is now at 62.5% and profit factor is 1.29.
68.45% win ratio is truly and edge on the market. With proper money management and risk control that is money in the bank, hands down. I am aiming and also reaching at least 60% win ratio and then I would be happy.
Success on VLO, MMM, and GE.
No play on BA as the risk to reward was too small. Strikes were 134/139/150/155 ($5.00 wide) for a credit of $1.15. My max risk for these plays is $250 so $315 was too rich for me. If we had been further along in ER season with profit padded into the account, I may have gone for it.
The account is back in the green. Win/loss ratio is now at 62.5% and profit factor is 1.29.
VLO: https://shared.tradersync.com/ricepirate/e8465d7e-5420-11ed-821c-061a3d52649f?ref=https://www.tradersync.com/?ref=michaelkuhns
MMM: https://shared.tradersync.com/ricepirate/37080426-542b-11ed-821c-061a3d52649f?ref=https://www.tradersync.com/?ref=michaelkuhns
GE: https://shared.tradersync.com/ricepirate/969301be-5446-11ed-821c-061a3d52649f?ref=https://www.tradersync.com/?ref=michaelkuhns
correction ..I am aiming At reaching at least 60&..
68.45% win ratio is truly and edge on the market. With proper money management and risk control that is money in the bank, hands down. I am aiming and also reaching at least 60% win ratio and then I would be happy.