Shorting ROKU

Friday’s ROKU drop was spectacular. The stock fell almost 20% from Thursday’s close. In this post I will try to explain why I decided to take this short, how I used DMI Oscillator to manage my short position and when I decided to exit the trade.

Timing The Entries

Every trade starts with an entry. Timing entries is one of the most challenging and important tasks of any trader. I will summarize my approach to entries in this post and compare four trades: SPLK, YNDX, PPD, and EXPE.