Trade with cautious in this type of volatile market, please remember to have a cut loss, no matter how good a fundamental or how good the chart, it might be fail
In fundamental, of course longer term, it can crawl up back, but we must learn to protect our capital, first of first, secure our capital, always my first rules, especially we must know what is our risk tolerance, we must have a limit of loss
trading is a long journey, must be patient and keep waiting
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kvin108
OP
72993459
:
very true, before we learn how to trade, we need to know, what is our risk tolerance...most importantly, must cut loss, no matter how, as the candlestick hit our cut loss point, we must face the facts, we must end this trade, protect our capital, cut loss, n looking forward for our next trade with better opportunities, not every trade is 100%, even FA & TA, it also giving chances like 60-70% of success rate only
kvin108
OP
Shroomie
:
short won't last long, it's ordy hit my TP, whatever extra would be bonus, as profits been taken previously, I just keep a small potion just to see how far it can drop, based on TA n recent sentiment, should be 105/99/90..... no matter how, just see how it goes in these few weeks... just be patient
kvin108
OP
Shroomie
:
sorry, I can't give advice, but best, don't go in now, as market sentiment is really weak... I just share for study purposes... but Nvidia from my pov, it's still undecided.... best wait for confirmation, and retest....
kvin108
OP
Shroomie
:
no worries, Nvidia is a FA company... just that price volatility is something we must face, I wish I had entered too.... but I still can't convince myself to enter right now as long as trust it just not to all in investment, we should have a few funds, or bigger fund, to average up or down... but normally I will just average up if I'm in long position or else I cut loss
72993459 : sometimes you have to learn it the hard way but you're absolutely right
kvin108 OP 72993459 : very true, before we learn how to trade, we need to know, what is our risk tolerance...most importantly, must cut loss, no matter how, as the candlestick hit our cut loss point, we must face the facts, we must end this trade, protect our capital, cut loss, n looking forward for our next trade with better opportunities, not every trade is 100%, even FA & TA, it also giving chances like 60-70% of success rate only
Shroomie kvin108 OP : that's not making any sense... your MU should be red
kvin108 OP Shroomie : I short selling
Shroomie kvin108 OP : good job then lol
kvin108 OP Shroomie : short won't last long, it's ordy hit my TP, whatever extra would be bonus, as profits been taken previously, I just keep a small potion just to see how far it can drop, based on TA n recent sentiment, should be 105/99/90..... no matter how, just see how it goes in these few weeks... just be patient
Shroomie kvin108 OP : and what about Nvidia?
kvin108 OP Shroomie : sorry, I can't give advice, but best, don't go in now, as market sentiment is really weak... I just share for study purposes... but Nvidia from my pov, it's still undecided.... best wait for confirmation, and retest....
Shroomie kvin108 OP : to late.. I enter 117
kvin108 OP Shroomie : no worries, Nvidia is a FA company...
just that price volatility is something we must face, I wish I had entered too.... but I still can't convince myself to enter right now
as long as trust it
just not to all in
investment, we should have a few funds, or bigger fund, to average up or down... but normally I will just average up if I'm in long position or else I cut loss
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