Hello Traders and Investors,
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.
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Today I want to share with you my outlook on Nvidia:
After the recent rally of more than 300% on Nvidia stock, it is quite likely that we will see at least a short term correction towards the downside. We could see a drop back to the previous all time high which is perfectly lining up with the lower rising channel support trendline.
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Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.
The only think which you can control is your risk, everything else is unknown.
Keep your long term vision!
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.
-------------------------------------------------------------------
Today I want to share with you my outlook on Nvidia:
After the recent rally of more than 300% on Nvidia stock, it is quite likely that we will see at least a short term correction towards the downside. We could see a drop back to the previous all time high which is perfectly lining up with the lower rising channel support trendline.
-------------------------------------------------------------------
Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.
The only think which you can control is your risk, everything else is unknown.
Keep your long term vision!