
NVIDIA
Total AssetsWeekly trading review
$Proshares UltraPro QQQ(TQQQ.US)
$Invesco Nasdaq 100 ETF(QQQM.US)
Bought TQQQ at the high of 56.5, originally hoping for a breakthrough to 26k, but got trapped. Later chased the rally and raised the limit order from 54 to 54.2. Although it's a small amount, it reflects impatience in mentality, which is not advisable.
Remember to always test with small positions at low levels before buying any security (try to avoid chasing highs. If you're really bullish, still keep positions light). This way you'll have strategies to handle both ups and downs, with room for further operations. Here I'd like to commend myself for the NVDA position at 175 - the position size was very reasonable, keeping my mentality calm, even getting excited about the drop.
Future plans
Wait for TQQQ to consolidate on daily chart, then buy the final 10 shares on dips. $Invesco Nasdaq 100 ETF(QQQM.US) wait to buy the final share at 605
NVDA next buying range at 165, plan to buy 4 shares. If it breaks below 160, wait for initiation signal to add 2 more shares below 160. Otherwise maintain position. Position building completed.
$Tesla(TSLA.US) Wait to sell at previous highs, add 1 share in 430 range, go all in at 400 (tentative)
$Taiwan Semiconductor(TSM.US) Wait for two entry levels at 285/275, half position each time
Bearish on Nasdaq, NVDA and TSMC next week - should continue to decline but with small magnitude (personal speculation, for reference only)
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