NVDA If you’re long, consider buying some here but keep some on the side to buy into the low 90s just in case.
I really don’t know if this is a ploy to bring others to the table or if Trump is just this dumb. If it’s the later or the world calls the bluff, expect stagflation worse than the 70s. Interest rates will need to go to 12 to 14% to fix it.
SPY even in a day like today. we traded price action on these Golden lines. See how it touch the last line and consolidating. The power of these lines are crazy, those who really trade these will learn it. QQQVIXNVDATSLA - hope yall follow and join the group.
NVDA tomorrow prediction: Open around $101-$102 then shoot it to $104/105 maybe even $110 creating a bull trap then will likely close the day around todays close. Monday we will see a greater sell off into the 90s
SPYSPXNVDAAAPL Guru's #AprilChallenge Day 3rd Report Card.
Starting Balance: $3987 Ending Balance: $4083
Net PnL: $96
Option traded: 1.) Bought SPX 5430P at $730— one lot. Sold at $1260 and booked a profit of $530 2.) Bought XSP 543P at $108—10 lot. Sold at $120 and booked a profit of $120 3.) Bought XSP547C at $236—one lot. Sold at $105 at a loss of $158 4.) Bought XSP547C at $78—three lots. Sold at $29 at a loss of $147 5.) Bought SPX 5430C at $210—one lot. Expired worthless 6.) Bought XSP542C at $39—one lot. Expired worthless
Performance: Good
Emotions: 1.) Relaxed today; 2.) showed no hope and greed.
Strong Point: 1.) Able to close some trades with a loss, which indicates that Guru is doing well on becoming hopeless in trading. 2.) Perfect entry on first put. 3.) Followed the "trend is friend" rule.
Weak Point: 1.) Overtrading. 2.) Broke own rule of doing two trades only. 3.) Did a last-minute trade with an OTM call option.
Guidelines for the future: 1.) Never ever overtrade. 2.) If scalping last minute, then always buy an ATM or ITM option. 3.) Never trade if you have already booked a good profit in your first trade.
Thank you, everyone, and I am just $917 away from reaching my target. I hope everyone did their best today. How was your third day of challenge? Please share your P&L with all. See you all tomorrow!
NVDA $101.84. So interesting. 5/23/24 9/6/24 and today. This level feels important. Of course, No telling with the orange man in control. It will be a great and beautiful, Possibly the best ever chip market 🤣🤣🤣🤣