173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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Lyft: A Long Trade With Limited Risk
Roxanne Jones: Did you feel as though this was a high probability trade or did you feel as if it was more a trade where you could just get a bit of size on and you could with very limited risk? Exactly. Expected value is probably positive on this, but the win rate is not going to be too high. And I just figured that it has two benefits. One is maybe I can pick off a turnaround with low risk, but at the same time it keeps me involved. Now if I still have my finger on the pulse then I can actually time it to either go up or down again.
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