Scaling in for swing
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
We rise together.
10+ years of momentum and swing trading.
Options trader since 2020.
798Followers
11Following
6288Visitors
Follow
105113257 : What is wrong with Cisco?
TrendTrader OP 105113257 : Nothing is wrong with it. A lot of people bought in before earnings and then it ran up at earnings. it’s possible that when things didn’t immediately continue upwards people collected profits or just got out.
The market overall is likely to dip today going into the long weekend. Hence the utility of building a position in a swing vs going “all in” at one time.
105113257 : It’s painful to watch.
TrendTrader OP 105113257 : Why?