There were some trading incidents this week. Here is the complete list of trades 👇
Liquidation/Reduction:
$Appfolio (APPF.US)$(-0.38%)On Monday, the system automatically stopped out due to fluctuations, which is a common occurrence.
$Vita Coco (COCO.US)$(-0.3%) It is also an automatic stop loss on Monday, shaking out of the market. It seems that the stop loss system needs to be adjusted slightly since the same situation occurred twice in a day. Due to the need to sleep during Asian time at night, I am temporarily not considering using the trading alerts.
$ProShares UltraShort Bloomberg Natural Gas (KOLD.US)$(+0.05%On Tuesday, it fell below the set price and ended the trade almost breakeven. The natural gas futures are currently outside of my advantageous area, so I will wait and observe until I figure out what it will do next.
$Tradr 1.5X Short NVDA Daily ETF (NVDS.US)$(+0.2%) Before the key data is released on Wednesday, I quickly liquidate my position because I understand the power of short-term sentiment. I still see a long-term bullish trend for NVDA, but I am currently observing the short-term.
$Oscar Health (OSCR.US)$(-0.4%) This is a trade that needs reflection. Just because the two large trading volume surge candles make a buying decision, lacks a systematic plan, most of the time being shaken out is not surprising, it can be attributed to a trading accident, and this week is not the only one.
$Warrior Met Coal (HCC.US)$(-0.44%) Thursday fell below the stop loss to exit, it seems that it will take time to slowly recover from the previous selling pressure.
$Signet Jewelers (SIG.US)$(-0.37%) Sold off after the financial report, and the small cushion that was previously formed plus the stop loss space was not enough, so it was stopped out.
$Spotify Technology (SPOT.US)$(+0.1%Due to recent abnormal behavior (decrease in increments, increase in contractions), it has been decided to exit early.
$Netflix (NFLX.US)$A small amount of reduction was made using the power of Friday. Currently, most of the original positions are still held, and the stop loss has been increased to the vicinity of the original purchase price.
Addition:
$Rocket (RKT.US)$A name that has been observed for a long time, consolidated for nearly half a year, gradually shrinking recently, with dry trading volume. In the past three days, the trading volume has been less than 50%. After breaking through the 52-week high on Wednesday, it was bought when the price recovered to the previous breakthrough line, and the trading volume cooled slightly on Friday. The price is currently maintained near the breakthrough line.
$Palantir (PLTR.US)$Always keeping an eye on him, with a bottom of three legs, consistent with his historical habits. Bought after cheating breakthrough on Wednesday, and added when testing the 10MA on Friday, a name with early recovery potential.
$Shift4 Payments (FOUR.US)$A name that has just recovered from the 30MA on the weekly chart, with sufficient trading volume at the bottom. The trading volume on the weekly chart is also clear. Buy above the last gap on the daily chart (which has now been filled), using the previous gap, also defending the position at the bottom of the candle when the weekly K-line breaks through the 30MA.
$Tesla (TSLA.US)$Bought on Thursday using a catalyst, sold off after the opening. The chart structure is densely packed at the bottom, and the price is still above the 10MA. Keep the stop loss and give it some more time, no need to rush.
$Coherent (COHR.US)$This is an attempt to break through the climax flag after a strong green candle. It was also bought on Wednesday (Wednesday was busy), which can be considered as a semi-chasing purchase, resulting in less than ideal stop loss and position size.
$Kaspi.kz (KSPI.US)$With a 0.2% account risk, I have been observing this IPO name since it first tested the 50MA. I bought it after breaking through the handle of the small cup on Wednesday, with sufficient trading volume. Despite the overall headwinds in the market on Thursday and Friday (except for a few big players), its performance is still reasonable. I will continue to observe.
The market's task is to occasionally make traders feel like idiots; so you need to get used to being an idiot first, then make good records and learn from them, and never forget what you really want 🚴🏻
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