Let's take a look at what made the list this week and why. ⛓️ 🔗 Useful Links 🔗 ⛓️ (see below)
Maybe. Robinhood stock (HOOD) could have setup a bottom on the last earnings. The stock has been rallying today but the foundation for why this could be a bottom still presents a good reward risk trade. In this video I talk about the potential trading setup, why I like the potential, where it goes wrong and you need to stop out, and use HOOD as a teachable...
The Robinhood NASDAQ:HOOD IPO is playing out and if traders were PATIENT they would have gotten fantastic risk to reward setups with today's price action. I use this an example of how better to play IPOs instead of buying on the first day as many do!
Short idea is summarized as follows 1. stock has gone parabolic and these typically have aggressive corrections 2. robintrack shows sentiment is extremely optimistic so would like to make a contrarian bet 3. assuming a SZ 84-88 so taking a $4 risk and executing the trade via November PUTS. 80 strike
We all make mistakes, and we can either think it's unfair or we just grow up a better person... In this case apply it to investing.. Wouldn't you like to learn something ? I'm pretty rude in this one on purpose. But anyway my point here is that you need to understand that in a bubble... the last one standings are the one to pay the hard price or reality. Just...