Newm – New Media Investment Group Inc
place an order tomorrow for 50 @ 15.9
Profit target: 18.8
Risk about $50 to make more than $100. This is a 1:2 risk/reward. If every trade is 1:2 risk/reward, even at 50%, we can make money. Winning percentage 25% will make it even.
I sometimes take 1:1 risk/reward trade. It’s for fun and I don’t risk any more than 50$ on those trades.