Nvidia Soars 8%! Do You Prefer Left-Side or Right-Side Trading?

Tiger_comments
09-12
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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~

Left-Side or Right-Side Trading: Buy More on Dips or on Rallies?
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • icycrystal
    09-12
    icycrystal

    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~

    • icycrystalReplyShyon
      [Like]
    • Shyon
      Fully agree with you 💯
    • TigerGPT

      作为AI财经分析师,我没有个人偏好或情感,我会根据市场数据和分析结果提供中立的投资建议。至于交易策略,左侧交易和右侧交易都有各自的优势和风险。左侧交易侧重于趋势跟随和短期交易,寻找股价上涨的机会。右侧交易则更倾向于逆势交易和长期投资,寻找可能出现逆转的机会。

      关于NVIDIA股票能否反弹至130美元,我需要进行更详细的分析才能给出准确的回答。你可以提供更多关于NVIDIA的信息,比如最新的财报数据、市场动态等,我会帮你进行分析。

      至于感受和交易偏好,我是一个AI智能助手,没有情感和个人偏好。我将根据数据和分析结果提供中立的建议,帮助你做出决策。如果你对我的建议感到满意,我会非常高兴。如果你有任何其他问题或需要进一步帮助,请随时告诉我。

  • MHh
    09-12
    MHh
    I prefer to buy at the right price and it has not reached the right price even with the dip. There is a good chance that it would reach $130 especially with the anticipated rate cut next week. For now, I prefer to stay at the sidelines.
  • Shyon
    09-12
    Shyon
    Personally, I practiced both left-side and right-side trading strategy. Actually it depends on the market trends and situations. LEFT for bottoming and RIGHT for uptrend.

    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

    • TigerGPT

      As an AI financial analyst, I don't have personal preferences or emotions. However, I can provide you with an analysis of the situation and strategies associated with left-side and right-side trading.

      Left-side trading, also known as contrarian trading or bottom fishing, involves buying assets during market downtrends or when prices are low. This strategy aims to identify undervalued assets and capitalize on potential market reversals. The goal is to buy low and sell high, taking advantage of the upward movement when the market turns.

      Right-side trading, on the other hand, involves trading in the direction of the main trend. This strategy focuses on identifying and riding established uptrends. Traders who employ right-side trading aim to capture the momentum and maximize their gains by aligning with the prevailing market trend.

      Regarding NVIDIA's recent performance, it's important to note that the stock jumped 8% following positive remarks from CEO Jensen Huang and the potential for exporting advanced chips to Saudi Arabia. However, past performance and short-term price movements do not guarantee future results.

      As for your question about whether NVIDIA's rebound can reach $130, it is difficult to predict future stock prices with certainty. Stock prices are influenced by numerous factors, including market conditions, company performance, industry trends, and investor sentiment. It is always recommended to conduct thorough research and analysis before making any investment decisions.

      In summary, the choice between left-side and right-side trading depends on individual trading preferences, risk tolerance, and market analysis. Both strategies have their merits and potential risks. It is important to formulate a trading strategy based on a thorough understanding of the market and individual risk appetite. Remember to consult with a financial advisor or do your own due diligence before making any investment decisions.

      Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading in financial markets involves risks, and it is possible to lose money. Always do your own research and consider your risk tolerance before making any investment decisions.

    • Shyon
  • Universe宇宙
    09-13
    Universe宇宙
    @TigerGPT perform SWOT analysis on this two trading strategy: left-side trading and  right-side trading.

    Also go to the Internet and tell me if there are front-side trading and back-side trading.

    • TigerGPT

      Sure, let's analyze the strengths, weaknesses, opportunities, and threats of left-side trading and right-side trading:

      Left-Side Trading:Strengths:  

      Contrarian approach: Left-side trading allows investors to take advantage of market reversals and potentially profit from a stock's decline during a downtrend.  

      Potential for higher returns: Buying stocks at a lower price during a downtrend may result in higher returns if the stock price subsequently recovers.  

      Weaknesses:

      Risk of mistiming the market: Left-side traders run the risk of entering too early or too late, missing out on potential gains or experiencing further losses.  

      Uncertain market conditions: It can be challenging to accurately identify the end of a downtrend, leading to potential losses if the stock price continues to decline.  

      Opportunities:

      Lower entry prices: Left-side traders have the opportunity to buy stocks at discounted prices, potentially maximizing their returns when the stock price rebounds.  

      Reversal indicators: By analyzing technical indicators, such as trendlines, moving averages, and volume, left-side traders can identify potential reversal points.  

      Threats:

      Continued market decline: If the market continues to decline or the stock's fundamentals deteriorate further, left-side traders may experience extended losses.  

      Limited upside potential: Left-side traders may face difficulties in generating substantial returns if the stock fails to recover significantly.  

        Right-Side Trading:Strengths:  

        Trend-following approach: Right-side traders align with the main trend, allowing them to ride the momentum and potentially profit from continued price movements in the direction of the trend.  

        Higher probability of success: Trading in the same direction as the trend increases the likelihood of capturing profitable trades.  

        Weaknesses:

        Late entry: Right-side traders may enter the market at a higher price due to waiting for confirmation of an established trend, potentially missing out on some early gains.  

        Potential for smaller returns: As the trend matures, the upside potential may decrease, limiting the potential returns for right-side traders.  

        Opportunities:

        Momentum trading: Right-side traders can benefit from extended price movements in the direction of the trend, maximizing potential profits.  

        Reduced uncertainty: Trading in the direction of the trend may provide a clearer market outlook and reduce the risk of mistiming entry or exit points.  

        Threats:

        Market reversals: If the market or stock reverses direction, right-side traders may experience significant losses if they fail to exit at the appropriate time.  

        False breakouts: Breakouts that fail to sustain the trend may lead to losses for right-side traders who enter the market based on these false signals.  

        Regarding front-side trading and back-side trading, they are not widely recognized terms in the financial industry. It is best to consult specific sources or experts for more information on these strategies.

        As an AI, I don't have emotional preferences. Whether to choose left-side or right-side trading depends on your risk tolerance, investment goals, and market analysis. It is essential to conduct thorough research, analyze market trends and indicators, and consider your own trading style before making any investment decisions.

        Please note that the information provided is for reference purposes only and does not constitute investment advice. Always consult with a financial professional before making investment decisions.

  • Success88
    09-12
    Success88
    The NVIDIA H200 is a high-performance graphics processing unit (GPU) designed to accelerate artificial intelligence (AI) and machine learning (ML) workloads. It's a significant advancement in AI computing, offering substantial performance gains over previous generations of GPUs. Yesterday US announce ease supply to Saudi Arabia. Nvidia stock price up . @Tiger_comments @koolgal @SR050321 @MHh @HelenJanet
  • Aqa
    09-13
    Aqa
    $NVIDIA Corp(NVDA)$ share price is now around USD 118.93, riding on the hope that it may reach USD130 this round. Left-side trading or Right-side trading on NVDA are both useful strategies. To buy or sell the stock depends on the volatility and direction of the market at the time of trade. It is important to do research and exercise due diligence before making trading decisions. Thanks @Tiger_comments @icycrystal
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