ABC correction
$20 psychological
earnings report October 24th
overreaction selling FUD- buy the dip before the earnings
people happily paying $35 for this less than a month ago
ideal setup-- price crashes today/tomorrow-- triggers stop losses under $20 and flushes to $19.50
Buy OTM long call option lotto tickets-- don't risk more than can afford to lose-- ex: <1or 0.5% of account
realistic setup- same as above except buy around $22-23
$20 psychological
earnings report October 24th
overreaction selling FUD- buy the dip before the earnings
people happily paying $35 for this less than a month ago
ideal setup-- price crashes today/tomorrow-- triggers stop losses under $20 and flushes to $19.50
Buy OTM long call option lotto tickets-- don't risk more than can afford to lose-- ex: <1or 0.5% of account
realistic setup- same as above except buy around $22-23
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.