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173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

Chat With Traders

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How to Build a Starter Position

Going into this trade, did you have kind of an idea about what sort of size you wanted to build up to if things started to move in your favor? I did. But it's also very fluid. Liquidity is always a concern, especially with something that can move multiple dollars in very quickly. The quicker it starts to work, the more red I see on the screen and on the tape, meaning more sellers.

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