On earnings night, the people most likely to get wiped out aren’t usually those who got the direction wrong, but those who took on too much risk. #Nvidia’s Q3 earnings are coming: can they ease market concerns?
Don’t get caught holding the bag—three reminders:
① Volatility tends to spike around earnings. The higher your leverage, the more likely a normal swing is to knock you out;
② Don’t treat “betting on earnings” as a strategy. Until the results are out, everyone is just guessing;
③ Decide in advance how much you can afford to lose in the worst-case scenario. If you can’t stomach it, reduce your position.
$NVDA
Will you hold your position overnight on earnings night, or reduce leverage and wait and see?
Don’t get caught holding the bag—three reminders:
① Volatility tends to spike around earnings. The higher your leverage, the more likely a normal swing is to knock you out;
② Don’t treat “betting on earnings” as a strategy. Until the results are out, everyone is just guessing;
③ Decide in advance how much you can afford to lose in the worst-case scenario. If you can’t stomach it, reduce your position.
$NVDA
Will you hold your position overnight on earnings night, or reduce leverage and wait and see?