Sideways
Despite the big movements up and down on an almost daily basis, most of the stocks are still trading at a relatively tight range.
This is how option buyers lose money if they do not take profits quick. Holding on to options is like holding on to ice cubes - they are melting everyday.
Worse still, many are trapped with no chance of taking profits ![]()
Anyway, sideways is good for me though. Profitting from both ups and downs, so long as it is range bound.
You can check out my video for support and resistance levels, because that is roughly how i trade. Sharing what I know for free ![]()
$SPDR S&P 500 ETF (SPY.US)$ $Stellar AfricaGold Inc (SPX.CA)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Alphabet-A (GOOGL.US)$ $Invesco QQQ Trust (QQQ.US)$ $Microsoft (MSFT.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Meta Platforms (META.US)$ $NVIDIA (NVDA.US)$ $Palantir (PLTR.US)$ $Grab Holdings (GRAB.US)$ $iShares Russell 2000 ETF (IWM.US)$ $ARK Innovation ETF (ARKK.US)$ $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ $GlobalFoundries (GFS.US)$ $HP Inc (HPQ.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $Adobe (ADBE.US)$ $Salesforce (CRM.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
5666Followers
42Following
27KVisitors
Follow