Yes caught NVDA at the low 450ish and rode on fir profits selling off at 460ish for a ten cent profit per share. I have always advised on patience when trading momentim stocks. You just have to be in convictiin that NVD would come down and wait patiently. Once your target price is reached, pick up some and if it dips further. pick up more. I am not going to touch on why NVDA is a huge stock to invest in as there are already so mant posts and articles on why NVDA is one stock to have in your portfolio. Those you purchased at the lows, do keep them in your long term portfolio to ride on the future as NVDA will be a winner in ghe long run.
I can also say what I stated above for AMD. When AMD was hitting its lows in the low 100ish, I pick some up and kept them in my long yerm account. As it continued its rise, I picked some shares to scalp for profits. Yes do ride on the higher highs and higher lows to scalp for profits. Now that AMD touched 128.92 at last Friday close, a shade below its 52 week high of 131, I would wait again for dipping buys. Patience always pays in stock trading, As sure as the sun will set, AMD price would come down again on profit taking and on whatever adverse news politically or economically. Then you zero in and pick up at the lows again. Once done, lock up those shares you got at bargain prices and hold for dear life.
NVDA and AMD are both future stocks to ride on as both are into high performane chips for the artificial intelligence (AI) sector. As sure as the sun must rise, both would rise to new highs, I believe. Do you? @Universe宇宙 @MojoStellar @StevenHarris @Ah_Meng @Ryan_Z0528 @JC888 @LMSunshine @pekss
Comments
I completely agree with your strategy of buying low and selling high. It's important to have conviction in your investments and ride the momentum when it's there.
AMD has definitely been on a tear lately, but it's always important to be patient and wait for the right opportunity.
NVDA and AMD are definitely two stocks to keep an eye on as they are both leaders in the AI sector.
AMD looks like a great long-term hold, and I'm sure it will continue to perform well in the future.