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asenski
Mar 1, 2021 3:06 PM

LONG ENDP Risk:Reward = 1.72 Long

Description

Not the greatest Risk:Reward, however could use $6.64 as a stop instead of $4.22 which significantly improves R:R.
Comments
br1963ad
this stock went threw the basement....no long here. good that a stop of 6.64 was recommended.
asenski
@br1963ad, indeed. I prefer to use options where I can with pre-defined risk. that way even when it does a wild gap beyond your mental stop you're not affected.

The other thing is to have many diversified entries, so that a single loser like that doesn't really affect you emotionally or financially.
MoneyMakerTrade
Like !
Henry_Ross
cool!
Slickpapi
Good job man👏
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