Starting 2022 trading with mixed feelings
2022 is a new year with likely very dynamic market conditions. However, it shouldn't stop me improving on my trading skills. Reviewing below a couple of trades I took in 2022.
$HP Inc (HPQ.US)$
$HP Inc (HPQ.US)$
One of my first trades taken is long HP on 4 Jan. Market sentiment is still fairly uncertain and I wanted to get into a more solid counter. At the time of initiating trade, $Nasdaq Composite Index (.IXIC.US)$ uptrend still intact.
Set stop loss around $37.50 and aiming target of 10-15%.
Looking for a short trade and still waiting for an up swing. Monitoring closely if need to close before upcoming earning.
$Marathon Oil (MRO.US)$
Set stop loss around $37.50 and aiming target of 10-15%.
Looking for a short trade and still waiting for an up swing. Monitoring closely if need to close before upcoming earning.
$Marathon Oil (MRO.US)$
This trade is purely taking advantage of the crude oil.
Trailing stop loss to break even. Monitoring crude oil price movement closely, will close position if CL turns south.
Therefore, it is still bittersweet 2 weeks into 2022. Let's hope for a much sweeter, profitable months ahead!![]()
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Safe trading!
Therefore, it is still bittersweet 2 weeks into 2022. Let's hope for a much sweeter, profitable months ahead!
Safe trading!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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