We’re seeing another lower low get knocked out, so I’m ready to re-enter.
Do you see why it’s so important to scale in and out? We now have opportunity to reenter instead of being stuck at the same trade, seeing profits go to a loss.
Here’s the new trade:
Sell to Open DIS Oct 95/90 BUll Put Spread @0.70
Add to trade at 1.00 and 1.50