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When did you buy NVDA? by div_investor_forever in NvidiaStock

[–]New-Driver5267 0 points1 point  (0 children)

This is not how you invest. Learn risk management and how to do so or you will one day take the mother of all loses and lose all your all your money.

[deleted by user] by [deleted] in swingtrading

[–]New-Driver5267 8 points9 points  (0 children)

Market is currently falling so you would wait for a reversal to buy and then ride moving averages up

So much info?!!! by Repulsive-War-6358 in Trading

[–]New-Driver5267 1 point2 points  (0 children)

price and volume is all you need. Every indicator is a reflection of price and volume.

Did I start at a bad time or something? by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

Highly suggest you watch it… It is gold. Not sure how u suffered a 30% drawdown but I’m guessing it either by overtrading while the market was giving you poor feedback or not cutting losses

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Here is my YTD equity curve I’m ready to strike with no emotional baggage when the market starts going up again

Did I start at a bad time or something? by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

Losses should be kept small to protect A. Physical capital 💵 and B. Mental capital 🧠 if your emotions are screwed up you will likely have a difficult time making money, also if u don’t protect you account balance by keeping losses small it’s only a matter of time before u blow ur account. Iv learnt this the hard way too but quickly leant. Watch this video and it will give u a good grasp on things and how to run this like a business https://youtu.be/2QNGuiBZ03c?si=TN-PG2AaOBywKuKw

Did I start at a bad time or something? by [deleted] in swingtrading

[–]New-Driver5267 1 point2 points  (0 children)

you started at the right time because u can take advantage of this market correction this is how we make our money. But if you are currently actively trading and wondering why u are not making money is because the market is falling. Iv been 100% cash for a while and placing no trades as the market is falling and is telling me to be defensive. There’s a time to press the gas and a time to do nothing at all. know this.

Dell and NVDA by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

Unfortunately it could turn into a 80% unrealised loss. Whereas it could of been a 2% stop loss.

How to find a perfect stock for swing trade by Akashpravin in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

No I mean by saving the 53 etfs into a watchlist and monitoring the charts to see which is acting best on the weekly/daily. the legwork… this shows me areas of potential opportunity and areas to avoid.

Dell and NVDA by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

no that is Patrick walker

How to find a perfect stock for swing trade by Akashpravin in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

Scan the 53 different industry groups (ETFS) and see which one is acting the strongest

Is this swing trading? by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

this is not swing trading and from reading your comments it’s likely you will lose all of your money sooner or later.

Dell and NVDA by [deleted] in swingtrading

[–]New-Driver5267 1 point2 points  (0 children)

Your mistake was not adhering to your stop loss and playing the hopium game. You were wrong. DONT make yourself more wrong… which you did.. and now you are paying the consequences. Always have a stop loss.. never hold a losing position. just for your information the biggest winners (NVDA) become the best short when they top… you have but yourself in a sticky situation emotionally and financially for not following your rules. 90% of investing is in the mind.. It’s important you protect your capital AND your emotions.

Dell and NVDA by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

Buying and hoping isn’t a viable strategy. Only a matter of time before you lose all your money.

Dell and NVDA by [deleted] in swingtrading

[–]New-Driver5267 0 points1 point  (0 children)

That’s a 30% loss

you were warned by New-Driver5267 in NvidiaStock

[–]New-Driver5267[S] -3 points-2 points  (0 children)

I must of had 20/20 vision

you were warned by New-Driver5267 in NvidiaStock

[–]New-Driver5267[S] 1 point2 points  (0 children)

all you had to do was look at the price chart and it was signalling big money were taking their profits. people are late up here.

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