Hey traders, today I share my short trade in Shopify $SHOP as the fundamentals and technicals have aligned for a good risk/reward short entry imo, plus it serves as a good hedge to a traditional long portfolio of stocks. Be sure to follow this trading idea as I will update it as it progresses. Have a good week! Jared.
Hey traders, today I share a pairs trade I put on, going long $PEP and short $MNST in equal amounts betting on a reversion to the mean in the next couple of days and with a tight stop loss to limit the downside. These are two similar stocks which make for a great pair and you can see on the Range Strength indicator the pair is currently trading in a strong range...
Hey traders, here I share my Long Bitcoin COINBASE:BTCUSD trade today going into the halving on Tuesday, I explain my stop loss and profit target levels. Happy trading :) Jared