TradingView
Eloquent
Nov 26, 2021 5:30 PM

nasdaq 11-26 update Long

E-mini Nasdaq-100 FuturesCME

Description

good afternoon,

nasdaq looks really nice from my perspective.

lot of fear in the market right now, but that is when the biggest opportunities are.

this is 100% a risky swing, but i have a feeling we have one more leg to go to end this year with a total bang.

don't go big if you take this trade, and make sure to have a stop loss if you do.

a stop loss is the most important function when it comes to trading, there's nothing more important than risk management in this world.

doesn't matter how good of chartist you are, if you don't have proper risk management, you will get rekt. speaking from experience, as i have gotten rekt before and have learned a very hard lesson long ago.

----------

nasdaq wave 5 target = $17,100~17,300.
Comments
orange369
NVDA forward PE= 62x, 3.58% down for the day. YTD return=141%. is this fear?! nah
Maxx_96
same here mate with the hard lesson, unfortunately best way to learn
More