This week's trading, individual stock position analysis (31/07-04/08)
“The secret to successful trading is to make sustainable profits. When sustainable profits are strung together, there is a great return in the end. This is done through tactics and wisdom, not by taking too many risks and gambling through too large positions, because in that case, a huge loss may make your account unrecoverable.” -M.M
The first is a screenshot of positions held after closing on Friday this week. Apart from a small number of intraday trades, only one-on-one trades (selling DKNG) were carried out this week. The few buying transactions since July 19 have all stop-loss sales. When the trades start not working, you need to reduce the number of trades; conversely, when they start to gradually work, you need to gradually increase your position to the maximum.![]()
$DraftKings(DKNG.US$ Two breakthroughs failed, another stop-loss clearance and exit, and was sold off after Friday's earnings report opened high. The typical “Sell the news”, as one of the market leaders, seems to be conveying something 🤔️
$Super Micro Computer(SMCI.US$ This week went against the current trend again. The sharp rise on Friday was accompanied by an increase in trading volume (AAPL fell sharply on the same day), but it seems that on Friday afternoon, there were some differences between reducing positions before earnings reports and increasing positions due to insufficient positions (buyers were slightly stronger than sellers for the time being). The August 8 post-market earnings report will test this AI leader again (before the last earnings report - the end of April, the early disclosure was carried out in advance, and many chips were shocked. Although the results of the last financial report were not good, the sharp shocks were replaced by a period of +14230% (Upward market), the reaction of stock prices after financial reporting is the most important There are still two trading days before next week's earnings report (after-hours earnings on Tuesday). Current strategy: 1. If the next two trading days break a new high, the position will be reduced by 1/4 (risk management, automatic selling of $348.00 has been set); 2. If it falls below the highest yellow line, the position will be reduced by 1/2 (the closing price is below the tight trading area, psychological loss of closing price); 3. After the financial report, if the day (Wednesday) closes higher in the lower half of the candle, the position will be reduced by 1/4. Since this is my largest position, I need a detailed trading plan for various situations. Current holdings account for 24.47%![]()
$NVIDIA(NVDA.US$ There was a slight decline this week, but stock prices close to the previous breakout platform have also seen many clear support. The weekly chart has not deteriorated yet. The earnings report is August 23. The performance of its two leaders and SMCI after the earnings report will be a weather vane for the AI wave in the market. No plans have been made for financial reports yet. Continue to use breakthrough platforms as a point to reduce positions (yellow line, below the tight trading zone, psychological stop loss at closing prices). Currently, positions account for 13.47%![]()
$Carnival(CCL.US$ The performance fell short of expectations. Influenced by the pessimistic financial expectations of Norwegian Cruise Line, CCL is already very close to the stop loss level. The daily weekly chart turnover reaction is not that bad. It is still being implemented according to the original plan (I feel it is likely to fall below). The yellow line at the bottom of the platform (below the tight trading zone), currently accounting for 9.32% of positions![]()
$Marathon Digital(MARA.US$ This week continues to be sorted out. The trading volume of the daily chart and weekly chart is still sluggish. Since he has already cut his position in half and closed a lot of profit, it will now give him more room for volatility. Using the weekly chart 10EMA as a clearance point, he will also pay attention to its price reaction if it returns to a previous high. Current positions account for 7.64%![]()
$Carvana(CVNA.US$ Although there was a sharp decline on Friday, the trading volume was very low, and the weekly chart was still rising. Large fluctuations in Moin stocks are the norm. Similar to MARA, positions have been cut by more than half before. Using the weekly chart of 10EMA as a clearance point, we also paid attention to price behavior if it returns close to the previous high. Current holdings account for 4.11%![]()
$RxSight(RXST.US$ Received by the same industry on Friday $TransMedics(TMDX.US$ There is still an impact of the sharp decline in financial reports, and there has also been a sharp decline in trading volume. I classify it as a chain reaction caused by news. RXST's weekly chart is similar to META. In the upward trend, the closing price did not fall below 10EMA. In addition, its position is in a risk-manageable state. The 10EMA weekly closing price chart is used as a clearance point. Next Monday's after-market earnings report will gladly accept all results. The current position ratio is 3.63%, 3.63%![]()
The price reaction after this month's SMCI and NVDA earnings reports is decisive for the short-term trend of AI (unchanged for a long time; currently only the beginning).
“If you don't often feel stupid... you're not managing risk.” -M.M
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热情的丝塔茜 : What is Mara, so awesome
sTone83OP 热情的丝塔茜: I bought it on 10.4, but since I have already reduced my position twice, the cost became 0.3
热情的丝塔茜 sTone83OP: awesome