my plan for my short term swing trade ideas.
today I went short through puts $ALB, $DE, $LULU (lol), $MDB, $PANW & $V
i went long (as a hedge) $TQQQ
yesterday was a better day to go short but the late day rally was pretty big move & market not rational so didn't want to get caught swinging short into a gap up since close was strong. today was some form of confirmation that 50 basis points still not good for short term sentiment (to be long). less than 3% of total acct is in all of them combined so risk is managed, good r:r ratio in my opinion in those names, especially $LULU lol
today I went short through puts $ALB, $DE, $LULU (lol), $MDB, $PANW & $V
i went long (as a hedge) $TQQQ
yesterday was a better day to go short but the late day rally was pretty big move & market not rational so didn't want to get caught swinging short into a gap up since close was strong. today was some form of confirmation that 50 basis points still not good for short term sentiment (to be long). less than 3% of total acct is in all of them combined so risk is managed, good r:r ratio in my opinion in those names, especially $LULU lol