Buy the rumour. Sell the news / event
Investors ain’t impressed by the presentation
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Successful investing is about managing risk, not avoiding it. DYODD
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OceansWave : Fortunately I did not chase.. I gave up yesterday when it was underperforming and bought Puts..
Master Corgi : This video 11 days ago already
Cow Moo-ney OP Master Corgi : Haha yeah, but key support and resistance levels remain the same. Will have a new / updated video coming up this weekend!
Cow Moo-ney OP OceansWave : Yeah, chasing the upside when it’s at resistance level and with bearish RSI divergence could be dangerous. It may seem hindsight now, but generally rule of thumb is still not to chase at key resistance, unless there’s a breakout. Kudos if you have profited from puts
OceansWave Cow Moo-ney OP : The puts just helped in recovering some losses.. hahaha not a profit though.. but still it’s better than nothing
Cow Moo-ney OP OceansWave : Trade safe!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Master Corgi Cow Moo-ney OP : Cause when you share looks like it’s recent until opening the video