$NVIDIA Corp(NVDA)$
If there is a war, all bets are off, but what if there is no war?
There might be a temporary price rise. If you are long, this is a good time to exit, take advantage of the price rise. The buyers at this price level, are either very rich and idle people with a lot more money than they need for living and are just throwing that money around, or institutional holders trying to manipulate the market. I don't think there is any reason to feel compassion for those people. Take their money and run.
Many people are going to figure out that the price-gouging theory perfectly well explains what happened the last few months. As this spreads, there will be a slide.
What does a slide look like? There are circuit breaker laws. When a circuit breaker engages, you will not be able to sell your shares. your goal in a slide is to get in and sell your shares before circuit breakers start hitting.
The other thing to know is that "stop" orders are not perfect. In a slide, you might set a stop at $700, but it might get filled at $650 because there are no buyers at $700 once the stop has been hit. But that doesn't mean a stop-limit is better - because if the price slides from $700 to $650 without a chance to fill your order, but you have set a limit of $690, and if the price never sees that $690 for 20 years, you are stuck with the shares.
Advice to longs - do not be very greedy.
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