Let’s get right into today’s daily recap. I’m going to make this short and sweet. Let’s go through today’s trades, what we took, why we took them, what I was seeing. Trading is trading.; It’s not always going to work out, so risk management; don’t go all in.
Here’s ROKU, great example. We had a little bit of a push up in the morning. Things were looking bullish. We got above this [00:47] pre-market resistance but there was a little bit of a fake out, a head fake, slammed us right back down. Pushed it back up, slammed it right back down here [01:32] to this support area that I drew, and then another push up to this resistance. Just not enough gas today to really stay above it and get the party going. It was already quite the movement here [01:50], again. Then we got the slow bleed out the rest of the day. I closed my position right around here [01:58] for around a 50% loss on Roku.
Apple was great. PTON was great. We held PTON overnight. I’m not really big for holding overnight but such is life.
