$JNJ (Pullback Long), $CAH, $PYPL, $CRSP (Contrarian Short)
Updated
JNJ - Looking to go long if an entry happens.
CAH, PYPL, CRSP - Looking to go short, soon I sense weakness in the stock.
Use your entry and exit methods. Trading success not only relies on Setup, but also on ENTRY and EXIT.
NOTE - Its easy to manage a winning trade, What defines a successful trader is how he manages losing trade.........
Define, Manage then worry about profit.
CAH, PYPL, CRSP - Looking to go short, soon I sense weakness in the stock.
Use your entry and exit methods. Trading success not only relies on Setup, but also on ENTRY and EXIT.
NOTE - Its easy to manage a winning trade, What defines a successful trader is how he manages losing trade.........
Define, Manage then worry about profit.
Note
For those who dont know, JNJ - ExDiv - 05/22 So, Use PUT CREDIT SPREAD (options trader) to avoid assignment risks.
Note
CAH - Target HITNote
CRSP - Target HITNote
I am still holding my short position on PYPL. With the option strategy I have, I can sit and take heat all day. But when it works, I make $$$. This works for my setup and my mindset. I hate dealing with stoplosses and exiting position too early.Note
I was out of Pypl yesterday while it dipped. Did not by any means catch the bottom, I got lucky. GTC order fill.
Uday C Santhakumar
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