Roku - The Journey of Midnight Trading

I was in some form of trading tonight and at the start, the Dow Jones was quite choppy and ranging where I wasn't sure the direction of where it was moving and hence I went to scalping instead. As I traded, the Dow started to tank and soon profits were made. The market was bearish while sellers kept emerging which made the market smooth and easier to short. I thought I was about to end the night with profits until Roku caught my attention.

Roku had a huge drop and I missed all my opportunities shoring because I was focusing on the Dow Jones. At that point, I saw Roku touched the bottom and started to go long right at the bottom. Long 500 shares and was in some good profits right at the bottom.

I saw that Roku was about to turn up with strength and added another 500 to make it 1000 shares. The price I got was really at the bottom and I was in some loss at first. About 10 minutes later, Roku started to trend higher and higher with buyers and my profits escalated. See the price I longed at the bottom!

I then decided to take profits for my long positions as the stock rebounded almost $3.00. I locked in profits for my first 1000 shares. It also touched a super short term supply zone where I thought I want to call it a night and sleep. Then as it rose, I knew I had a chance to scalp for a quick one and this time round I shorted another 500 shares and immediately, it got sold down fast and I thought I would just call it a night by taking profits. Locked in all profits and decided to call it a day. It's a good night trading as I made 1 loss so far. Looking to see next week's market and how it trends.

Ron K - A Game Changer