[9/21: moved stop to 88]
Fair warning: today’s trade is in a company that will be reporting earnings early next week. I generally try to avoid entering trades ahead of earnings. But its that time of the season where its kinda hard to avoid earnings. They are happening. We just have to deal with it.
That said, we’ll control what we can control: The amount of risk we take, and our time duration for the position to recover, if needed.
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