AMC - Buy 49 > 56, SL 42
1:1 Risk Reward as usual.
Entry White
Green TP
Red SL
Not a trade I will personally make.
When buying stocks, even with my intended stoploss, my true stop loss is always 0.
49 > 56 is 15%, not worth it IMO.
It gets worse if I use the Daily timeframe which doesn't include the 42 post-market low.
Good study nonetheless.
1:1 Risk Reward as usual.
Entry White
Green TP
Red SL
Not a trade I will personally make.
When buying stocks, even with my intended stoploss, my true stop loss is always 0.
49 > 56 is 15%, not worth it IMO.
It gets worse if I use the Daily timeframe which doesn't include the 42 post-market low.
Good study nonetheless.
Note
A few more interpretations. Require too much mental gymnastics.Note
Whoever is willing to gamble for the next 2x, 5x, 10x - go ahead. Just be careful yea?This reeks of GME.
Note
Hmmmm, paper trade got triggered, let's see if 56 can be reached.Note
Paper trade failed. xD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.