@Trade_With_Mr_X Is the choice of ADDING to AMD today and preparing to add more as 20bn mkt cap approaches vs. diversifying into other stocks in watchlist A a liquidity issue (AMD more liquid than others in watchlist) or portfolio management issue (easier to manage fewer stocks at this point)?
@Trade_With_Mr_X It has been a directionless market so far the past week or so. But it has provided lots of opportunities to learn and reinforce our patience, resilience, independent thinking and flexibility - traits needed to succeed as outlined in Crash course 2. Thanks Mr X.
@Trade_With_Mr_X At first I was wondering your choice of stocks to short - why NFLX and WTW, not weaker leaders such as NVDA or BABA. Rewatched the trading video. It now makes sense. Near to psychological levels & far from nearest base. Hence, huge potential reward vs risk if proven correct.
@Trade_With_Mr_X This is a great lesson Mr.X. In the past, my biggest string of losses came after my biggest string of wins - when I was fully leveraged and overly confident of my ability to keep the gains coming. Cutting long exposure on the way up keeps our feet on the ground.