In bull markets, the fastest way to build wealth is to trade great setups- make 10-15% and then move onto the next one.Keeping money in very fast rotation. TVS is great coz
Let me know your thoughts - and whats the best way to play this? Am selling put spreads and buying call spreads. What is your favored approach?
- Auto sector is doing well and hence there are tail winds
- Solid consolidation with stock touching life high while in consolidation (this is a bullish sign)
- Volatility compression - and a setup which indicates a quick upside maybe in the offing
- Ticks all the CANSLIM model fundamental positives including increasing earnings
Let me know your thoughts - and whats the best way to play this? Am selling put spreads and buying call spreads. What is your favored approach?
Комментарий:
Hmmm - not a good start to this trade. Its still holding the 21 EMA - if it closes below 21 - then cut this off
Сделка закрыта: достигнута стоп-лосс цена:
Sold off - hopefully no one held this stock as it crossed below 21 ema
Best advice ever - Cut your position size by half.