As the week closes, it has been a relatively fruitful week. I would review the trades I posted about during the course of the week and hopefully everyone can learn from my mistakes (or successes!)
PLTR: Shorted at open on 30 nov at 28.24, took profit on 3rd dec at open of 23.55. That leaves a profit of 16.6%. Could have done better if i took profit on 2nd dec, but as I mentioned in my earlier post, I was expecting a TP of 19-20.
AMD: Holding since of 81.23, currently 94.04. Return of 15.77%. If you bought after I posted on AMD on the 27th, it would be an average of 7.68%.
AAPL: Bought the day before posting on 30 nov at 116.97, currently 122.25. 4.51% gain, still holding, pending how it respects the support at around 121.
TGT: Got in at open on 25 Nov at 177.73, currently 175.03. (Had a TGT position prior to that, but for the purposes of unbiasness not included here). Current loss: 1.52%. Healthy pullback for target, right at the trendline i drew (refer to earlier post). Might be a chance to accumulate or enter a position if you havent yet got in!
PYPL: Got in at open of 212.51 on 30 nov. Currently 217.77. Small gains of 2.48%. Still holding.
Overall, a good week in the green, with multiple open positions. Therefore, excluding the unrealised gains, it would mean that my realised profit this week would be 16.6%!!
Will be posting new stock ideas latest tommorrow so stay tuned. Would need a break from the markets in the meantime during the weekends. Stay safe and trade safe!
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