Clearing, cutting, adding 👇
$GigaCloud Technology(GCT.US$ It fell below the stop loss on the next day. It seems that it was around 30MA at the time and decided to wait one more day. The closing day dropped even more and chose to clear the position.
This is a typical negative trading scenario. The original 8% stop loss became 22%. For 3.5% positions, 0.7% of the account was lost, and for accounts with a 140% net worth, it regressed close to 1%. Such losses seriously affected the positive growth of the account.
$Applovin(APP.US$ Two 1/5 cuts were made at 66.03 and 70.66, respectively. The name did not have an early entry advantage. After the cut, positions accounted for 5.5%, so it was easier to use a weekly chart for defense, and it was also easier to ride for a long time after the cuts 🚴🏻
$Reliance(RS.US$ It is the name chosen in the top few places for strength in the steel industry. It was chosen only because of its small stop-loss ratio. The breakthrough in the small consolidation platform still has a big gap below, with a 3.5% position ratio
Last week, the results were good in GOOG weekly chart 30MA trading. This week, I also tried AFRM on the weekly chart 30MA. The stop loss is small, but it takes time to take effect, so it is more appropriate to use small positions, accounting for 2.85% of positions
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
151083369 : What is the status of T in GCT's second order. It broke through the green point of the trend line and opened a position. Did the red point of the day sell some positions?
sTone83OP 151083369: There were instructions when I bought it last week
151083369 sTone83OP: saw
Cherry Cat : Understand more about the importance of stopping losses in time