IRIS play with potential upside of 759.55. Keep risk at 5% and lock in gains if in a downtrend. I put in a trailing stop, but I need to put a hard stop in first until I have some gains. The trailing stop was too conservative and should not be used unless I have at least 5% gains. Too bad but lesson learned.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 1/6/2026 | 27.45 |
| Exit | 1/7/2026 | 27.25 |
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- Position Size61
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