| Trader Mantra
"Anything can happen
Every moment is unique
There is a random distribution between wins and losses on any given set of variables that define an edge
An edge is NOTHING MORE than a higher probability of one thing happening over another
You don’t need to know what’s going to happen next to create consistent results"
— Mark Douglas (RIP)
"Emotional Capital is the single most important trading asset in your arsenal."
-- The Trader
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| | | Greetings Trader:
Below you'll find the most recent complimentary trading idea for this week. Depending on when you look, the trade may have already triggered... but don't worry, there will be another coming in a week or so.
Feel free to use this idea to supplement your other trading, but always be sure to mind the most important component of trading... your risk.
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| | | Peloton Interactive, Inc. provides interactive fitness products in North America. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness subscriptions for multiple household users, and access to all live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. It has approximately 1.4 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York. |
| | | Notice Peloton has negative earnings, so PE is non existent. Beta is not available because of PTON is still relatively new. |
| | | | | | | PTON nearly bounced off a strong support area (yellow rectangle). |
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