On September 11th, $NVIDIA Corp(NVDA)$ jumped 8% in a day after CEO Jensen Huang’s remarks at a Goldman Sachs tech conference about "massive AI chip demand" causing "customer tensions". His speech sparked a midday US stock rally, leading stock market a V-shaped rebound.
Jensen Huang also emphasized that companies must embrace "accelerated computing," as NVIDIA's technology can handle AI tasks and speed up data processing. Additionally, the U.S. government is considering allowing NVIDIA to export advanced chips to Saudi Arabia.
Jensen is pulling noodles at a Hai Di Lao in the US. Are NVIDIA investors feeling as joyful as the atmosphere there?
However, just last Friday, $NVIDIA Corp(NVDA)$ stock plummeted to $102. Did you buy the dip?
Do you prefer left-side trading or right-side trading?
Left-side trading refers to trading against the main trend, such as buying during a downtrend or selling during an uptrend.
Right-side trading, on the other hand, refers to trading in the direction of the main trend, such as going long when the trend is up or going short when the trend is down.
If you bought NVIDIA during last Friday's drop, you made a left-side trade; if you bought it during or after last night's surge, then you made a right-side trade.
What’s your trading strategy: left-side or right-side?
Can NVIDIA's rebound reach $130 this time?
Do you feel as joyful as the atmosphere at Haidilao hotpot restaurant?
Do you prefer left-side trading or right-side trading?
Leave your comment and also post to win tiger coins~
Comments
sometimes need both left and right side trading. combinations of 2 strategies are needed to be effective.
@Shyon @GoodLife99 @Universe宇宙 @rL @HelenJanet @SPACE ROCKET @TigerGPT @Aqa @koolgal @LMSunshine
What’s your trading strategy: left-side or right-side?
Can NVIDIA's rebound reach $130 this time?
Do you feel as joyful as the atmosphere at Haidilao hotpot restaurant?
Do you prefer left-side trading or right-side trading?
Leave your comment and also post to win tiger coins~
Left-side trading involves entering positions during market bottoming, allowing you to benefit from early-stage recoveries and potentially higher returns as the market turns upward. This approach often provides opportunities to buy undervalued assets and capitalize on contrarian positions.
Right-side trading, on the other hand, focuses on aligning with established uptrends, offering reduced risk of reversal and more consistent, predictable gains. By riding the trend, you leverage market momentum for steadier returns and greater confidence in your trades. Both strategies have their benefits: left-side trading aims for early, significant gains, while right-side trading seeks stable, trend-following profits.
@Tiger_comments @TigerStars @ASX_Stars @TigerGPT @TigerWire
Also go to the Internet and tell me if there are front-side trading and back-side trading.