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ROKU

Monthly Performance Review - March 2020With elevated volatility throughout the month on March I choose to take as little trades as possible and only take small bites here and there. I only initiated 11 trades this month, the majority losers. To be honest, I am pretty disappointed with my performance despite the great opportunities. I will forgive myself however since this is my first real bear market I am experiencing and the loses I look this month was very small due to the limited amount of trades I put on. The fact that I am actively charting and analyzing this important time is a win enough for me. The main issue with my trading this month was letting go of winners too quickly and being inconsistent with risk. In the middle of the month, I had shorted TSLA at 633 (half size) and ROKU at 102.50. I placed my stop losses too tight and I ended up letting go of TSLA at 590.20 before the drop to 350 and ROKU at 101.50 before the drop to 60. During times of high volatility, you have to expect larger swings and whipsaws. I had recognized this early but did not act on this notion. Secondly, I found that a lot of my winning trades this month ended up being the ones that I took half size with the excuse of "controlling risk due to high volatility". If this were the case, I should be using half size for all my trades. Being inconsistent with risk can skew your actual performance. For the month of April, my goal is to apply the lessons learned in March by simply being consistent with risk and putting smart stops based on the level of volatility. Since volatility is currently high, I want to allow a larger stop loss. Furthermore, like last month, right now is not the best conditions for swing trading therefore I will continuing taking very small bites here and there until market conditions improve and volatility levels out.
NASDAQ:ROKU
by Trader_Kaji
2
3 BUYOUT OFFERS @ $20 A SHARE - TRADING AT HUGE DISCOUNTTGNA received 3 buyout offers in cash. Last night, another offer was announced at $20 a share. In this crazy market, to have a company getting so many buyout offers is in our opinion, very rare. TGNA has quality assets that are in big demand. TGNA is the largest owner of NBC, CBS, ABC and FOX stations in the top-25 U.S. markets. Overall TGNA / its stations reach approx. 39% of the United States. In our opinion, the stock is trading at a huge discount. In a market like this, TGNA is a stock you want to buy and hold. There could be a bidding war soon. LONG DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice. In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKi
NYSE:TGNALong
by UnknownUnicorn3159981