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UDAY_C_Santhakumar
May 11, 2020 8:48 PM

$JNJ (Pullback Long), $CAH, $PYPL, $CRSP (Contrarian Short) 

PayPal Holdings, Inc.NASDAQ

Description

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.

Comment

For those who dont know, JNJ - ExDiv - 05/22

So, Use PUT CREDIT SPREAD (options trader) to avoid assignment risks.

Comment

CAH - Target HIT

Comment

CRSP - Target HIT

Comment

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.

Comment

I was out of Pypl yesterday while it dipped. Did not by any means catch the bottom, I got lucky. GTC order fill.
Comments
RedKTrader
@ucsgears love these views.. very neat - thanks for sharing
UDAY_C_Santhakumar
@RedKTrader, Thanks, I am OCD. Somehow I dont let OCD distract me in trading.
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