If you want my case for trading PLTR and the chart for the last year isn't enough, consult my last PLTR idea here - https://www.tradingview.com/chart/PLTR/2lc7P5SV/
Since then, nothing has changed, in my mind, except there's been a few more profitable trades added to my account thanks to PLTR.
+5.73% in 2 days
+10.06% in 4 days
+9.32% in 3 days
+10.76% in 3 days
etc.
You get the idea and now understand why I keep coming back.
It is still undefeated - no losing trades ever on PLTR. I truly do not expect that to change now. One could argue any idiot could have made money trading PLTR this year. And they aren't wrong. My question back, though, would be "why weren't you?". There are all sorts of reasons people use to not trade PLTR and good for them. I'm fine with that. I will trade it and I expect to make money quickly doing so. That doesn't ALWAYS happen, but it usually does.
I will add tactically if the trade doesn't close quickly and while the plan is to squeeze a little more juice out of this one than most, market conditions will dictate how I close.
It could be a FPC and if it's up some scandalous amount on Monday, maybe even sooner.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Since then, nothing has changed, in my mind, except there's been a few more profitable trades added to my account thanks to PLTR.
+5.73% in 2 days
+10.06% in 4 days
+9.32% in 3 days
+10.76% in 3 days
etc.
You get the idea and now understand why I keep coming back.
It is still undefeated - no losing trades ever on PLTR. I truly do not expect that to change now. One could argue any idiot could have made money trading PLTR this year. And they aren't wrong. My question back, though, would be "why weren't you?". There are all sorts of reasons people use to not trade PLTR and good for them. I'm fine with that. I will trade it and I expect to make money quickly doing so. That doesn't ALWAYS happen, but it usually does.
I will add tactically if the trade doesn't close quickly and while the plan is to squeeze a little more juice out of this one than most, market conditions will dictate how I close.
It could be a FPC and if it's up some scandalous amount on Monday, maybe even sooner.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Nota
Not sure why, but on my chart this doesn't show up as a long idea and it's definitely a LONG idea. In my defense, that is made clear in the title. Sorry for any confusion.Nota
Added a second lot just before the close today for 156.54.Lots currently held
Lot 1 -- 177.17
Lot 2 -- 156.54
Nota
Sold lot 2 at the close today for 166.74 - a 6.52% gain in 7 trading days. Best part is that I am now slightly in the green overall, while only having my original exposure. Any appreciation from here is gravy. Will continue to tactically add and sell if that's where PLTR takes me. Original lot won't be sold until it is profitable, though.Dagangan ditutup: sasaran tercapai
Closed the original lot at the close today for 182.39 -- a 2.95% gain in 24 trading days. Haters are always gonna hate, but PLTR has never EVER been a losing hand for me - and that didn't change here. While the per day return was a little light for me (by PLTR's standards), the trade still solidly outdid the S&P 500 return by about in a month(ish) where PLTR struggled and the S&P was popping at a 35% annualized return pace. Doubters will always doubt, but numbers don't lie. PLTR wins again. Have a great weekend everyone - even the haters!Lot 1: 177.17 --> 182.39 = +2.39% in 24 trading days
Lot 2: 156.54 --> 166.74 = +6.52% in 7 trading days
Nota
Trade summary for my recordsWins 2
Losses 0
Avg gain per lot = +4.46%
Avg holding periods per lot = 15.5 trading days
Avg gain per lot per day held = +.287%
Annualized RoR = .287% x 252 = +72%
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.