TSLA
Tesla
-- 421.060 NVDA
NVIDIA
-- 134.700 PLTR
Palantir
-- 80.550 AMD
Advanced Micro Devices
-- 119.210 OXY
Occidental Petroleum
-- 47.130 
Trade summary for this week (09/12-13/12 2024)
Liquidation:
$Destiny Tech100 (DXYZ.US)$ (+0.443%) Broke through the stop loss on Monday, sold 2/3 of the position, held the remaining for low-profit oscillation exit, and the account profit was 0.443%; the volatility has exceeded the range of system risk control, such oscillation exits are not considered rare events, as part of the trading system, they have been habitually accepted 😅
$Travere Therapeutic (TVTX.US)$ (-0.322%) Broke through the stop loss on Monday and exited, resulting in a 0.322% loss in the account.
$Talen Energy (TLN.US)$ On Monday, the stop-loss was triggered and exited the position, resulting in a 0.312% loss in the account.
$Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ On Monday, the ETF target was bought at 0.3% account risk, with a same-day stop-loss exit resulting in a 0.299% loss in the account; choosing the wrong side between FNGU and TNA, it's important to quickly admit mistakes and exit.
$Carvana (CVNA.US)$ On Monday, dropping below the original purchase price led to selling all positions, nearly breaking even on the exit, resulting in a 0.006% loss in the account; its chart shows a bigger picture, with good opportunities ahead, so keep patient 🙂.
$Innodata (INOD.US)$ On Tuesday, it fell below the original purchase price, sold the remaining 2/3 positions, resulting in a 0.299% account profit.
$NVIDIA (NVDA.US)$ Finishing Tuesday with a closing price lower than the 50-day moving average (+1.918%), selling the remaining 2/3 of the position, and realizing a 1.918% profit in the account; Over the past two years, it has completed a legendary approximately 15-fold surge in stock price, entering the trio of the current Market Cap leaders (APPL, MSFT, NVDA), you cannot ask for more, it's time to slowly accept its new positioning 🙂
$Vera Therapeutics (VERA.US)$ Dropping below the stop loss on Thursday (-0.301%), exiting the position with a 0.301% loss in the account.
$ZenaTech (ZENA.US)$ A name with massive fluctuations, with an ATR of about 20%. On Thursday, seeing a significant volume entering shortly after the opening with a low-risk entry, only to exit the same day due to volatility, resulting in a 0.3% loss in the account.
Reduction:
$United Natural Foods (UNFI.US)$ On Tuesday before the market opened, I saw the earnings reports, saw that the price feedback was good, already exceeding three times the stop loss profit, so I decided to wait a while after the market opened. Sold one-third of the position within half an hour of the market opening, raised the stop loss below the gap, and kept the remaining two-thirds of the position for free riding according to the rules. Looking back, I sold close to the short-term high at that time, purely by luck, which was a low-probability event for me 😅.
Additional:
$Bakkt Holdings (BKKT.US)$ From 0.3% to 0% on Tuesday's closing, I saw that BTC was red. I habitually observed the performance of the miners and saw four green names, among which only MSTR and BKKT had potential setups. On Wednesday, I bought the breakthrough of the previous small candle with a 0.3% account risk. Before the market opened on Friday, when I saw it was close to three times the stop loss profit, I started to set aside one-third for profit protection in advance. The result mysteriously turned into a buy order for one-third of the position 😅. After some contemplation, I changed the stop loss to the current new cost price. I didn't want to bear unnecessary risk for my mistake, so I protected the downside first and will see how it plays out later. The theoretical account risk is currently 0%.
$MicroStrategy (MSTR.US)$ With a 0.3% account risk, I bought on Wednesday with a 0.3% account risk. The stop loss difference is less than $10 (less than 2.5%), so I can establish a relatively large position (about 11%). There has been slight progress at the moment, continuing to follow the rules.
$PSQ Holdings (PSQH.US)$ Buy the candle breakout in the flag consolidation with 0.3% account risk on Thursday (0.21%). After Friday's close, tighten the stop loss to Friday's low point, currently with 0.21% account risk.
$Ollie's Bargain Outlet (OLLI.US)$ A few months ago, I watched a video of David Ryan as a guest on IBD. He mentioned this name, although the ATR is only about 3.5%, I still paid attention to it. After the Q4 earnings report on Thursday, it gapped up, breaking out of the cup pattern from the past 5 months. After a simple risk calculation, bought near the opening price, with the stop loss at the bottom of this gap, 0.3% account risk.
The above is all the trades for this week.
Upon reviewing the trading records of the past three weeks over the weekend, the last name bought and still held was on 19/11/2024. The trading feedback from 20/11/2024 until now has been poor, with only 2 profitable trades settled and not exceeding 0.5% account gain, while 16 settled trades incurred losses.
Another interesting phenomenon is the market is still going up, upon closer observation, it is led by some giant stocks in the ETF field like FNGS/FNGU, QQQ, MGK. Simply by looking at the charts of big names like APPL and MSFT, it's easy to see how many fund managers are starting to 'park' their money in these havens of huge liquidity before year-end 😅.
Taking care of the existing positions first, tightening the stop losses, and timely reducing exposure to strength are the main tasks for the short term future. Holding onto profits and gaining more profits are equally important. The market never lacks opportunities, so keep patient 🚴🏻.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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