TOST Bought 1/3 allocation @ 18.12 ZM Bought 1/3 allocation @ 69.79 Looking for top of range or next leg up.
No Stops. Since these are swing trades it is like slow motion to me. TOST: Sold @ 18.66. Meh entry. small profit ZM: Looking for BE tomorrow. Meh entry again. Looks weak. GTC order placed. ROKU: Looking for the breakout. Will trim 1/2 position if it tests 103 this week. Initial targets are either breakouts or top of range-overshoots. But as things unfold, adjustments are made. (see above ) Edit: Just checked the indexes med term picture. We should have more to go this week. If it were knocking on the double top, I would go neutral today.
ZM: increased position (@68.0) to 1/2 total allocation: Ave Price 68.9 Roku: Still holding 5/8 a position Ave Price 86.64
How did we get there? On you position size, is a full position a certain percentage of your portfolio or does it have to do with the percent of the portfolio at risk?
* missed putting in a buy on Roku. Sorry for not being clear. Allocation are total amount, not "at risk". Maybe simpler: An allocation is 25K, up to 8. Sold all ZM @ 70.81. Moving to sidelines over the long weekend and Middle East action, ZM did well versus the market. Only position is Roku