Market Update - 12/29/2024
• ended up flat for the week, despite a lot of trades, was up to 100% invested on Thursday, but ended up back to 17%
• still cautious, the market might put breakouts on hold and we can see a correction
• there are a lot of setups, good setups even, but I expect the fail rate to be very high going forward, until the market broadens out
• the market is still led by a few names and the majority of stocks are relatively oversold, but I think we could go lower if the large names start to correct too
• however, my trading statistics have been improving very nicely, currently at above 3-4x RR with a ~30% win rate, which means if I can keep or improve this, I can get to profitability soon
• still cautious, the market might put breakouts on hold and we can see a correction
• there are a lot of setups, good setups even, but I expect the fail rate to be very high going forward, until the market broadens out
• the market is still led by a few names and the majority of stocks are relatively oversold, but I think we could go lower if the large names start to correct too
• however, my trading statistics have been improving very nicely, currently at above 3-4x RR with a ~30% win rate, which means if I can keep or improve this, I can get to profitability soon
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.