Week in Review: January 30 – February 3, 2023

by | Feb 3, 2023

These weeks are just amazing. Things are running in the first few days and then fade off the rest of the week. Former runners are back to their old games.

The blog sale this week is a quarterly IU membership. http://investorsunderground.com/s/tbKOI/

 

LCID Plan

I just wanted to give you the thought process of how trades are planned out. Even if you aren’t in the trade you are always learning.

 

BBAI R/R

This was a simple equation of risking .10 for .70 in reward.

 

MSGM Offering

T530 brought us the news of the downgrade and that the company needed money. Less than an hour later they did an offering.

 

CVNA Short

This has been a great trading vehicle all week long. It bounced around a bit before the big fade.

 

PTON Short

Using the high of day as your risk level turned into a great trade.

Have a great weekend.

 

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