My interview with Richard Moglen and TraderLion!
I rambled quite a bit but hope you get something out of it! Now open to watch for everyone.
https://t.co/7N6wDb930D
I was given the chance to read and review Michael Lamothe's "Trading Success Blueprint." Quick read, very practical, clear path on how to improve. Link if you are interested.
https://t.co/tHV391oEjK
Math of long vs short/Why the big money is made on the long side.
Buy a stock at $100 with a $10 stop. Stock goes up 20% to $120. Made 2R/$20. Stock goes up another 20% to $144. Up 4.4R/$44.
Sell a stock short at $100 with a $10 stop. Stocks goes down 20% to $80. Made 2R/$20. Stock goes down another 20% to $64. Up 3.6R/$36.
Example of a name I would look at for a potential short. CVNA, up +7800% from lows. Held 200dma from June 2023 to March 2025. History of boom and busts.