1Wk·

Will it work again?

Probably not 200% again in 48 hours, but I thought the sell-off today at noon was totally exaggerated. $AMD (+2.95%) The price will therefore probably rise again to at least 160$ in the next few days, which would correspond to approx. 160% for the bond. I would be happy with that.

Incidentally, this is one of the classic derivative swing trades that I referred to in my explanation of my strategy. Taking advantage of short-term swings in one direction or another that are fundamentally exaggerated. A short on $INTC (-0.02%) would also be a good option. I'm still thinking about that.

18.09

Long @145.48 $ Advanced Micro Devices Open End-Turbo

Bought at €0.59

5 Comments

Roland 🐾@rolandwenzel4l

1Wk

How do you generally manage swing trades? Do you always buy in small chunks when the long price goes down and vice versa when the short price goes up? What leverage do you use for swings? I think 10x or 20x is great for short scalps, but as soon as I'm no longer at the computer, it's always a bit like playing the lottery and I set my stop-losses very tightly. I haven't had much experience with swings yet. I'm always too impatient and close as soon as I'm a few percent up.

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Chris@Multibagger

1Wk

@rolandwenzel4l I always enter swing trades in one sum. I define an entry point beforehand to which I stick almost 100%. At $AMD yesterday it was 150$. The leverage is at least 7-8 but can also be higher than 10. In general, I always aim for at least 50% plus. If I have clearly exceeded this, I set an SL, which I tighten in 25% steps. When I trade spreads in equities with derivatives, I enter at the lower edge and exit at the upper edge and switch to short. However, the first SL is then tight in case the share breaks out above the edge.

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thewolfofgetquin@thewolfofgetquin

1Wk

Have you set a stop loss?

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Chris@Multibagger

1Wk

@thewolfofgetquin only mentally, if the closing price is below 150$ I would think about selling

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Patrick Schäfer@Hotte1909

1Wk

Do we actually have the same thoughts? I also opened a swing trade on AMD this afternoon. However, unleveraged with equity I hope for 8-10
% this week 3% I have already

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