We were just talking about Nvidia yesterday, and today the news broke that Huang likes big boobs. That can affect market movements too??
A quick chat about Bitcoin: last week it bounced back to 810, and I didn’t close my position because I expected it to go up to 825. But things didn’t go as planned—it only hit 810 at the high before getting rejected and coming back down. In hindsight, I should’ve exited when it broke below 780, then bought back in lower. My execution here was a little flawed.
Right now, it’s broken below 750 and dropped to 730–740. This actually fits my expectations. My earlier positions were all starter positions, and now that we’ve reached my target zone, I’ve filled out the positions that weren’t already full. If things develop contrary to expectations from here, I’ll need to exit decisively.
If 720 breaks, that pretty much signals the end, and we’ll probably head back to 680–650. On the other hand, if we reclaim 780, we’ll keep pushing toward the 80,000 mark. Of course, this is just my own view and how I’m trading it—my actions will match my words.
Trading is about doing what you understand. If you don’t understand it, then step aside.
A quick chat about Bitcoin: last week it bounced back to 810, and I didn’t close my position because I expected it to go up to 825. But things didn’t go as planned—it only hit 810 at the high before getting rejected and coming back down. In hindsight, I should’ve exited when it broke below 780, then bought back in lower. My execution here was a little flawed.
Right now, it’s broken below 750 and dropped to 730–740. This actually fits my expectations. My earlier positions were all starter positions, and now that we’ve reached my target zone, I’ve filled out the positions that weren’t already full. If things develop contrary to expectations from here, I’ll need to exit decisively.
If 720 breaks, that pretty much signals the end, and we’ll probably head back to 680–650. On the other hand, if we reclaim 780, we’ll keep pushing toward the 80,000 mark. Of course, this is just my own view and how I’m trading it—my actions will match my words.
Trading is about doing what you understand. If you don’t understand it, then step aside.
