SPDR S&P 500 ETF TRUST
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using SPXL to trade SPY down trend

90
SPY at resistance, trendlinebreak + retest
SPXL is 3x Bull SPY, if SPY down 10%, SPXL will done 30%.

Short entry 74.8
Stop 80
Target 60, 50

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.
交易進行
BuyToOpen 2023 Oct Put butterfly P35/45/60
Limit 1.8
No Stop in Option, 1.8 is the hard stop, which is the max loss.

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