I missed out on this entire 35%, and honestly, it stings a bit.
Q: Can I still chase $KORU 13.12 now?
A: First, let’s look at what I’d have to risk. My stop-loss would have to go below today’s low of 11.84.
That’s 9.8% downside, while the upside to 13.39 is only 2.1%—a risk-reward ratio of 1 to 0.21.
Q: But it’s up 35% in six days!
A: How much it’s risen and whether I can make money on it are two different things.
Q: So what price would work for you?
A: I’d only consider getting in if it pulls back and holds above today’s low.
I’m sitting this move out—not because it’s a bad stock, but because there’s no good entry for me.
Other people’s trades may look tempting, but jump in now and you’ll just be providing them with an exit.
(Not investment advice. Trade at your own risk.)
Q: Can I still chase $KORU 13.12 now?
A: First, let’s look at what I’d have to risk. My stop-loss would have to go below today’s low of 11.84.
That’s 9.8% downside, while the upside to 13.39 is only 2.1%—a risk-reward ratio of 1 to 0.21.
Q: But it’s up 35% in six days!
A: How much it’s risen and whether I can make money on it are two different things.
Q: So what price would work for you?
A: I’d only consider getting in if it pulls back and holds above today’s low.
I’m sitting this move out—not because it’s a bad stock, but because there’s no good entry for me.
Other people’s trades may look tempting, but jump in now and you’ll just be providing them with an exit.
(Not investment advice. Trade at your own risk.)
