TSLA, SPY & NVDA - Stop trying to time the exact bottom

PeterDiCarlo
03-08

Stop trying to time the exact bottom.

Wait for confirmation that a bottom is in, then stick to your rules.

It won’t always be the absolute bottom, but at least we have signals to go off.

This game is about risk vs. reward, not perfection.

Once we get our signals, we take the trade.

If SPY and the broader market break structure in the coming weeks, we’re looking at a potential bear market, and we’ll be ready.

Our strategy thrives when the trend is clear, bullish or bearish.

The main time we take hits is when structure shifts and markets reverse.

Every edge has a weakness. Ours is uncertainty.

Accept it. Stick to the plan.

$Tesla Motors(TSLA)$ $SPDR S&P 500 ETF Trust(SPY)$ $NVIDIA(NVDA)$

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Comments

  • HengHeng98
    03-08
    HengHeng98
    Then you shouldn’t post in these retail forums where most are here to speculate for quick profits. Less than 10% will buy and hold amd or stick to their plans.
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