13Mar3:19 pmEST

Pressing a Bet; Chess Moves

I added to my open GOOGL short here at $551.18, pressing the bet for further weakness next week. 

My original entry was noted here earlier this week at $557.15 with a cover-stop over $585. 

My cover-stop remans the same, and the position now equates to roughly 6% of my portfolio capital. 

The bear thesis of a weekly topping pattern is still in play, and I am simply adding into some slight profit cushion to kick off the trade. 

UPDATE: After scaling gains on the way up, I sold the rest of UVXY day-trade long at $18.86 from $18.83 entry. I am not going to hold UVXY over the weekend. 

A Look Across Multiple Timef... Lessons from a Rocky Market

 
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