W Formation formed tick.
Price>20 and 200 - Tick
Target 174.46
Stop loss - not hit - TICK
All easy and said and done.
BUt the analysis was done in April. It is August.
We take on daily interest charges.
Opportunity costs.
So are these LONG term trades good in the long run? Maybe with LARGE portfolios then it's all relative and the costs are the price to pay.
But for smaller portfolios that most people have - it's not worth it.
Prioritise with your trading risk management and profile. And if need be, implement a TIME STOP LOSS to avoid long winded holding trades that turn into unnecessary marriages.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Price>20 and 200 - Tick
Target 174.46
Stop loss - not hit - TICK
All easy and said and done.
BUt the analysis was done in April. It is August.
We take on daily interest charges.
Opportunity costs.
So are these LONG term trades good in the long run? Maybe with LARGE portfolios then it's all relative and the costs are the price to pay.
But for smaller portfolios that most people have - it's not worth it.
Prioritise with your trading risk management and profile. And if need be, implement a TIME STOP LOSS to avoid long winded holding trades that turn into unnecessary marriages.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.