MRK Long

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At weekly support line. Price range between 95 and 120.

Long 96.5
Stop 84
Target 120

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
交易开始
BuyToOpen Apr Call spread C105/120 Limit 2.2 (C105 Delta 0.34 )
SellToOpen Apr Put P85 Limit 1.9 (P85 Delta -0.18 )
If Price stays between 85 and 105, loss 0.3, near buy for free.
Support and Resistance

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