Real Life Stock Review August 17, 2018

859 views · Published 17 August 2018 · 28:12 · Indexed 10 November 2026

Channel: Real Life Trading · 2018 · Education

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​How are you champ sauce? What's new in your world? How was your week? Do you have any big weekend plans? Today was *super* fun in the trading room with NFLX, NVDA, AMAT, TSLA and JWN all moving nicely this morning!

Here's kind of a semi-short overview of my day. I got .29R on NFLX (could have been MUCH better) but I'll live with it. I forced myself to be massively 'pay-tient' AND nabbed .87R on DSW. I lost 2R on X bull put spread. I didn't play defense properly. I SHOULD have just exited and not unraveled. BUT, I won on the bear call spread side of the condor. TLT bear call spread will expire worthless, I made .4R on SQ covered call that expired worthless today. AND I closed SNAP puts (which I had over earnings) for -.69R loss. Which brings me to *down* 1.5R on the day, taking me to 6.43R for August. THE GOOD news is, the winning today really helped cover the losses AND I don't really have much risk exposure (except for swings) which sets me up to hopefully hit that 10R for the month!
I review TONS in today's stock review. It's a long one. So strap in!
~Jerremy Alexander Newsome
“It is not enough to be compassionate – you must act.”  – The Dalai Lama​

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